Nvidia shares slump despite company’s record-breaking revenue Tech Nvidia shares are down over eight per cent in after hours trading even after it smashed its forecasts and posted record revenue. Revenue for the second quarter hit a new record of $30bn (£22.7bn), up 15 per cent from the first quarter and up 122 per cent from the previous year ago. Nvidia also posted [...]
Intel shares tank after chipmaker announces over 15,000 job cuts Technology Intel has said it would cut more than 15 per cent of its workforce as the chipmaker pursues a major turnaround effort.