{"id":88063,"date":"2024-04-29T00:27:18","date_gmt":"2024-04-29T04:27:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88063"},"modified":"2024-04-29T00:40:33","modified_gmt":"2024-04-29T04:40:33","slug":"intel-used-to-dominate-the-u-s-chip-industry-now-its-struggling-to-stay-relevant","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/intel-used-to-dominate-the-u-s-chip-industry-now-its-struggling-to-stay-relevant.html","title":{"rendered":"Intel used to dominate the U.S. chip industry. Now it\u2019s struggling to stay relevant"},"content":{"rendered":"\n<p>(CNBC) Intel\u2019s long-awaited turnaround looks farther away than ever after the company reported <a href=\"https:\/\/www.cnbc.com\/2024\/04\/25\/intel-intc-earnings-report-q1-2024.html\">dismal first-quarter earnings<\/a>. Investors pushed the shares down 9% on Friday to their lowest level of the year. Although Intel\u2019s revenue is no longer shrinking and the company remains the biggest maker of processors that power PCs and laptops, sales in the first quarter trailed estimates. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/26\/intel-dominated-us-chip-industry-now-struggling-to-stay-relevant.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Intel\u2019s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the year. Although Intel\u2019s revenue is no longer shrinking and the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88063","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88063"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88063\/revisions"}],"predecessor-version":[{"id":88064,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88063\/revisions\/88064"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}