Intel, Apple Chip Suppliers Slammed As Indexes Plunge

By | January 15, 2016

Scalper1 News

Amid the broader market sell-off, chipmakers are posting big declines in heavy volume. Notable moves are coming from Intel (INTC), Arm Holdings (ARMH), Avago Tech (AVGO) and Integrated Device Tech (IDTI). Late Thursday, Intel reported flat Q4 earnings and sales that edged up 1%. Both beat expectations but profit margins slipped and data center sales slowed. Intel also issued weak first-quarter guidance. Shares gapped down in quick turnover, Scalper1 News

Scalper1 News