Intel Rises On Return To Profitability
Intel (NASDAQ:INTC) shares gained about 7% on Friday after the legacy chipmaker reported second-quarter results that were ahead of market expectations.
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Intel (NASDAQ:INTC) shares gained about 7% on Friday after the legacy chipmaker reported second-quarter results that were ahead of market expectations.
Intel (INTC) revised its Q2 guidance downwards but kept its full-year FY22 guidance intact. The company doesn't expect its near-term headwinds to be structural.
2021 and 2022 Look Difficult for Intel, While 2023 -- Might -- Be Better Competition from AMD and ARM CPU developers looks set to take a toll over the next two years. But Intel could be in better shape in 2023 if its new CEO is ready to make some tough choices. Intel's (INTC) anticipated Q4 report and earnings call featured an encouraging remark or two about the chip giant's long-term plans under new CEO Pat Gelsinger. But it also left a lot of questions unanswered -- both about its manufacturing plans and how it sees demand trending during a competitively challenging 2021. To recap: ...