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Stock impact report

MarketWatch First Take: Intel loses chip throne after 25 years, but Samsung lead is ‘built on sand’ [MarketWatch]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: MarketWatch
Intel loses chip throne after 25 years, but Samsung lead is ‘built on sand’ Samsung Electronics’s position as the No. 1 semiconductor supplier in the world — a move that kicked Intel Corp. to No. 2 — is only as solid as the volatile memory chip market. Earlier on Tuesday, IHS Markit issued its annual world-wide semiconductor industry data for 2017, showing that Samsung Electronics Ltd. 005930, -2.56% of South Korea leapfrogged Intel Corp. INTC, -3.11% as the No. 1 semiconductor supplier in the world, based on revenue. Samsung had year-over-year sales growth of 53.6% and its highest semiconductor revenue ever, IHS said. The IHS Markit data echoed preliminary data issued in early January by market research firm Gartner Inc., which showed that Intel was knocked off its perch as the top semiconductor supplier for the first time since 1992. IHS also said it was the first time in 25 years that Intel had not landed on the top of the chip heap. Both firms note that this Samsung’s title Show less Read more
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