Intel shares had their worst month in over 20 years as the chip maker struggles with executing a turnaround.
April down more than 30%, their worst month in over 20 years, as the chip maker continues to struggle with executing a turnaround.
Much of Intel’s selloff came in the wake of results last week, when it gave a weak forecast, a sign that the company’s turnaround efforts are going to take more time and money. That followed a disappointing outlook for Intel’s factory operations earlier in the month.
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