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Technology Stocks : Semi Equipment Analysis

SOXX 301.15

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Dec 31 4:00 PM EST

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Donald Wennerstrom

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To: Sam who wrote (76287)	7/13/2017 9:00:30 AM
From: Sam	2 Recommendations Read Replies (1) of 95656

Intel Impresses Investors With New Server Chips Aaron Pressman Jul 12, 2017 Intel unveiled its newest line of microprocessor chips for servers and cloud data centers this week and managed to impress some on Wall Street with larger-than-expected performance improvements. Intel says its new Xeon Scalable line boost performance 65% on average from its prior generation of chips. But the news comes as Intel faces slowing sales for server chips and fierce competition from Advanced Micro Devices, Nvidia and others. Data center sales rose just 6% in the first quarter, down from a 9% increase a year earlier and a 19% jump in the same quarter of 2015. The server chip slowdown and fears of increasing competition have hit Intel's stock price, which at $34.07 on Wednesday, is down 6% so far this year. continues at fortune.com

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