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Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstoday - Intel shares slumped more than 7% premarket on Friday after a downbeat second-quarter sales forecast signaled that the boom in AI technology was diverting enterprise spending away from its traditional data center and PC chips.
"While we believe they are doing everything they can to try to repair things, it is clear that the company is profoundly broken, and it will take years to see the fruits of their labor," Bernstein analysts said in a note. Businesses have prioritized spending on advanced and speedy AI server chips, hurting demand for Intel's central processing units , which have been the mainstay chip powering data centers for decades.
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