Investing.com -- Intel's microprocessor market share has fallen to its lowest level since 2002, according to Citi analysts, who cited new data from Mercury Research on 4Q24 microprocessor shipments.

Intel (NASDAQ:INTC) shares slid about 4% on Wednesday after Citi reported the company's processor market share fell to its lowest level since 2002, according to a research note.

Including acquisition costs, Intel's net income was $1.3 billion, compared to $10.5 billion in 2000. Intel expects to have a gross margin percentage of 50% in the first quarter of 2002, plus or minus ...

In releasing its 2002 spending plans, Intel said it spent a little less than its original $7.5 billion capex budget in 2001. But Bryant told analysts that the company's huge budget last year has put ...