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Intel's Stock Sinks After a Disappointing Outlook. The Chipmaker Has a Supply Problem [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel wants to sell more products. Can it keep up? Shares of the chipmaker slid late Thursday after Intel's ( INTC ) outlook missed analysts' projections. Executives in a statement warned that supplies could hit a low in the current quarter. "We expect our available supply to be at its lowest level in Q1 before improving in Q2 and beyond," CFO David Zinsner said in an evening statement, as the company contends with industry-wide supply shortages. Intel's weaker-than-expected outlook could dampen enthusiasm for the shares, which have soared in recent weeks amid growing optimism about demand for the company's AI products and ability to win new customers. Intel has lately warned of supply issues, but investors reacted particularly strongly to the company's description of its effect on its near-term outlookâperhaps indicating valuation concerns given the shares' recent runup. The stock, which edged higher during the regular session, was recently off more than 6% in late action, i
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- Intel (NASDAQ:INTC) had its "neutral" rating reaffirmed by analysts at Roth Mkm.[MarketBeat]
- Intel: Wildly Bipolar Outcome [Seeking Alpha][Seeking Alpha]
- Intel's (NASDAQ:INTC) Q4 Sales Top Estimates [Yahoo! Finance][Yahoo! Finance]
- Intel forecasts quarterly revenue and profit below estimates [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Intel slumps as weak Q1 guidance weighs on shares [Seeking Alpha][Seeking Alpha]
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