11:03 ET -- Intel is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Intel made some cautionary comments Tuesday on data center chip demand in a meeting with analysts connected with the Intel Innovation customer event in San Jose. Intel Finance Chief David Zinsner told investors that the channel inventory of data center processors is taking longer to clear than it did for the company's PC processor business. He added that Intel is finding the recovery in the data center business to be "a little bit more delayed." Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

September 20, 2023 11:18 ET (15:18 GMT)

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