Reported about 11 hours ago
Intel is set to release its first-quarter earnings after markets close on Thursday, with traders anticipating a stock movement of over 8% in either direction. Newly appointed CEO Lip-Bu Tan will present the results amid expectations of declines in both revenue and profit. Despite an optimistic start to the year, Intel's recent performance has been disappointing, and analysts maintain a neutral outlook on the stock as it grapples with competition in AI chip development.
Source: YAHOO