Intel aims to get back on track
Intel Corp., reeling from weak sales as it loses share to rival Advanced Micro Devices Inc., hopes to get back on track this week when it unveils faster, more efficient computer chips.
The world's biggest chip maker hopes the fanfare around its twice-annual developers' forum in San Francisco, beginning on Tuesday, will eclipse its Friday revelation that first-quarter revenue will be considerably lower than earlier thought.
The event is a chance for Intel to showcase upcoming chips for business computers, laptops and desktops. It needs to prove that it too can make chips with heaps of processing horsepower but which use less power than previous designs.