Intel’s Guidance Falls Short. The Stock Drops.

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https://www.barrons.com/articles/intel-earnings-what-to-expect-51651165436


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Intel forecast less revenue than expected for the June quarter, sending the stock lower in after-hours trading.

The company cited weaker PC demand from consumers and macroeconomic uncertainty for its guidance.

The semiconductor company reported adjusted earnings per share of 87 cents, compared with Wall Street’s consensus estimate of 78 cents,…


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