SAN FRANCISCO: Intel shares dove more than 10% Thursday despite the struggling US chip maker doing better than expected in the recently ended quarter, as its revenue forecast disappointed investors.
Intel reported a loss of US$600 million on revenue of US$13.7 billion in the final three months of last year.
That compares with a loss of US$100 million on revenue of US $14.3 billion in the same period a year earlier.
