Friday, January 27, 2023

Intel 'stumbled,' CEO says; shares drop 9.5% as loss forecast

Intel Corp said on Thursday it expects to lose money in the current quarter, surprising investors with a bleaker-than-expected outlook for both the PC market and slowing growth in its key data center division.

from Tech-Economic Times https://ift.tt/WZNnk7C

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...