CNET también está disponible en español.

Ir a español

Don't show this again

Tech Industry

Market rocked as Intel quakes

Major tech stocks slip a day after the chipmaker warns of lower revenue and says it will cut 5,000 jobs.

Major tech stocks slip a day after the chipmaker warns of lower revenue and says it will cut 5,000 jobs.
Click here to Play

Analyst: R&D is key to Intel recovery
Linley Gwennap, principal analyst, The Linley Group
Global woes a part of Intel's worries
Analysts say they are worried that the chipmaker's job cuts and warning of a revenue shortfall could be a sign of trouble overseas.
March 9, 2001, 6:50 a.m. PT 
Tech stocks slump on Intel warning
update Technology stocks take a beating at midday as the market continues to react to warnings from bellwethers. The Nasdaq plunges 101.70 points, and the Dow drops 185.60 points.
March 9, 2001, 9:45 a.m. PT 
Intel to cut 5,000 jobs, warns on revenue
update The company slashes its earnings forecast again and announces it will cut 5,000 jobs--about 6 percent of its work force--over the next nine months.
March 8, 2001, 3:45 p.m. PT