Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5979
    -0.0026 (-0.44%)
     
  • NZD/EUR

    0.5535
    -0.0008 (-0.14%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    82.59
    +1.24 (+1.52%)
     
  • GOLD

    2,235.50
    +22.80 (+1.03%)
     
  • NASDAQ

    18,275.26
    -5.58 (-0.03%)
     
  • FTSE

    7,973.66
    +41.68 (+0.53%)
     
  • Dow Jones

    39,748.71
    -11.37 (-0.03%)
     
  • DAX

    18,506.84
    +29.75 (+0.16%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • NZD/JPY

    90.3740
    -0.4060 (-0.45%)
     

Why Intel Could Lose More Ground to AMD

Why Intel Could Lose More Ground to AMD

Intel's (NASDAQ: INTC) fiscal 2020 first-quarter results were a tad disappointing as the chip giant withdrew its full-year guidance on account of the uncertainty caused by the novel coronavirus pandemic. Intel's guidance points toward a 12% increase in revenue and a 4% improvement in EPS, which pales in comparison to the prior quarter. This sharp drop-off means Intel may not be able to sustain its coronavirus-driven momentum.