Intel Posts Narrower-Than-Expected Loss
Intel (INTC) reported a fourth-quarter loss that came in narrower than analysts expected. The chipmaker saw revenue fall 7% year-over-year to $14.3 billion, topping the analyst consensus from Visible Alpha. Intel posted a loss of $100 million, or 3 cents per share, compared to a profit of $2.7 billion, or 63 cents per share, a