Intel's shares fell after the release of fourth-quarter earnings report

Shares of US tech giant Intel declined 5% in the stock market, which was extended after its data center in revenue in the fourth quarter has failed to attract investors.

Revenue for this business was $ 4.3 billion in the fourth quarter deviate from the level which the government forecasts 4.4. Revenue rose 4% from the previous quarter, compared with an 8% growth in the third quarter.



Intel is the largest company in the world.
Are seeking the growth in the data center unit to prevent the decline of demand for chips used in computers.

Revenue in its business product for computer (PC), down 1% at $ 8.7 billion last year.

Earlier this week, market research firm IDC announced that global demand for PC shipments fell in the highest number in the fourth quarter last year.

Meanwhile, growth also Intel's strong earnings level of $ 3.6 billion on December 26, contrary to expectations, helped ease concerns about weaknesses in PC market. The unit is still the company's main business.

Its shares fell 4.7 percent in New York trading after several hours.


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