Intel grew revenues 20% to $19.7 billion in Q2 2020, but key manufacturing upgrade delayed

ByJerome Smith
intel-grew-revenues-20%-to-$19.7-billion-in-q2-2020,-but-key-manufacturing-upgrade-delayed

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Intel reported that it grew revenues 20% to $19.7 billion in the second quarter as the pandemic spurred people to buy PCs so they cold work from home better. But the company said it ran into delays in ramping up its 7-nanometer manufacturing plants, which sent the company’s stock downward in after-hours trading.  » ….