$30M Raised to Redo the CPU (opens tendrils.co)
Tendrils announces a $30M raise on its own blog to rethink the CPU.
Context: Intel beat expectations but gave a weak forecast blamed on PC softness, and its stock fell more than 22% in late trading.
From SiliconANGLE: Intel Corp. somehow managed to beat expectations despite facing softness in the personal computer market, but its weak forecast for the current quarter sparked panic among investors, and its stock plunged more than 22% in late trading today.
Tendrils announces a $30M raise on its own blog to rethink the CPU.
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