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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
974 Following    196.9K Followers
$INTC REPORTEDLY PLANS ANOTHER 10% PC CPU PRICE HIKE IN OCTOBER The increase is aimed at improving gross margins rather than gaining market share, according to DIGITIMES, as global PC shipments are expected to fall to roughly 250M units in 2027. Intel is also reportedly considering discontinuing its low-margin Small Core lineup, which could create an opening for Qualcomm and MediaTek in industrial PC and IoT markets. The company may also cut another 5% to 10% of its workforce, with headcount currently around 75,000.
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