Her share Intel is currently below its respective share price AMD and investors lost confidence in the company.
Τlast week h Intel saw its share fall after the announcement by company officials that 7nm technology is experiencing problems and there will be a further delay of 6 to 12 months for corresponding products.
It seems that Investors can no longer stand it and are now suing Intel to hide these problems, until last week.
The Intel share is currently below the corresponding AMD share price and investors lost confidence in the company. The law firm Hagens Bermans, representing investors, claims that Intel did not properly and timely inform investors about the state of 7nm technology. Intel's competitor, AMD, has been launching products with this technology since 7/7/2019.
The processor industry giant, Intel, in recent months presented schedules according to which by 2021 it would have products with 7nm technology.
A recent study by the company Bernstein Research concluded that Intel's latest financial record was the "worst in the last 42 years". The company's share fell more than 20% last week…
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