Intel's blockbuster results lift shares to dotcom peak, fire up sector

By on
Intel's blockbuster results lift shares to dotcom peak, fire up sector

Sales to cloud computing providers surge 48 percent.

Intel Corp's shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector. At least 15 brokerages raised their price targets on Intel's ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloud finance hardware intel

Sponsored Whitepapers

Building a ransomware remediation backup strategy
Building a ransomware remediation backup strategy
Forrester's Asia Pacific Predictions 2021 Guide
Forrester's Asia Pacific Predictions 2021 Guide
Adopting a Next-Generation Data Security Approach
Adopting a Next-Generation Data Security Approach
How to be a SOAR winner
How to be a SOAR winner
3 steps to a well-rounded cybersecurity plan
3 steps to a well-rounded cybersecurity plan

Events

Most Read Articles

NBN Co opens instant quote generator for user-pays fibre upgrades

NBN Co opens instant quote generator for user-pays fibre upgrades
CBA resets IT architecture

CBA resets IT architecture
Australia a "likely" customer of global mobile phone surveillance company

Australia a "likely" customer of global mobile phone surveillance company
Optus will take six months to restructure its customer service model

Optus will take six months to restructure its customer service model
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?