Thursday, January 21, 2021

Intel avoids outsourcing embrace, investigates hack of results

The lack of a strong embrace of outsourcing from new CEO Pat Gelsinger drove shares down 4.7% after hours. Shares rose 6.5% during regular trade, when the results were released ahead of the close. The company said it was investigating "non-authorized" access to some of the results, with the Financial Times quoting its chief financial officer as saying the microchip maker had been hacked.

from Gadgets Now https://ift.tt/396KUU5

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