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Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier [MSNBC.com]

Intel Corporation (INTC)  More Company Research Source: MSNBC.com
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
IntelPresident Donald Trump's"The very fluid trade policies in the U.S. and beyond, as well as regulatory risks, have increased the chance of an economic slowdown, with the probability of a recession growing," Zinsner said on the company's quarterly earnings call on Thursday.Intel reported better-than-expectedfirst-quarter resultsIntel's forecast for the current quarter is $11.2 billion to $12.4 billion. Zinsner said the range is "wider than normal" due to uncertainty caused by tariffs.The company's outlook underscores how sensitive manufacturers are to trade restrictions, even for companies that are committed to building products in the U.S. While Intel manufactures some of its advanced processors domestically, it also partners withTaiwan Semiconductor Manufacturing CompanyZinsner said the tariff environment makes it harder for Intel to predict its performance for the quarter and the year, and added that it's now anticipating that the total market for its chips could shrink, especial [Read more]
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Stockreport

Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier [MSNBC.com]

Intel Corporation  (INTC) 
More Company Research Source: MSNBC.com
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
IntelPresident Donald Trump's"The very fluid trade policies in the U.S. and beyond, as well as regulatory risks, have increased the chance of an economic slowdown, with the probability of a recession growing," Zinsner said on the company's quarterly earnings call on Thursday.Intel reported better-than-expectedfirst-quarter resultsIntel's forecast for the current quarter is $11.2 billion to $12.4 billion. Zinsner said the range is "wider than normal" due to uncertainty caused by tariffs.The company's outlook underscores how sensitive manufacturers are to trade restrictions, even for companies that are committed to building products in the U.S. While Intel manufactures some of its advanced processors domestically, it also partners withTaiwan Semiconductor Manufacturing CompanyZinsner said the tariff environment makes it harder for Intel to predict its performance for the quarter and the year, and added that it's now anticipating that the total market for its chips could shrink, especial [Read more]
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