The Traderszone Network

Published in TZ Latest News 13 October, 2015 by The TZ Newswire Staff

Intel says data center business to grow less than expected

Intel has been counting on the data center business to help offset declining demand for its chips used in personal computers, its biggest revenue generator. The company agreed in June to acquire Altera Corp (ALTR.O) for $16.7 billion to expand its line-up of the higher-margin chips used in data centers.