4 ms·
INTC is up over 5% in premarket trading.
by uptown 3y ago
INTC is up over 5% in premarket trading.
- ryzvonusef 3y agohttps://www.reuters.com/technology/intel-forecasts-second-quarter-revenue-above-estimates-2023-04-27/ https://www.reuters.com/technology/intel-forecasts-second-qu... > Intel says margins will recover in second half of 2023, shares rise stock market movements are not to be trusted a period less than a quarter at the very least, better yet an year, imho.
- Panzer04 3y agoThey've had the shit pounded out of them over the past couple of years already, this is probably not unexpected.
- hardware2win 3y agoIndeed, the first sentence >While Intel's sales *beat its own expectations* in the first quarter, the company on Thursday posted the largest loss in its history as its margins plunged to a new low over the last several years.