Reported 3 months ago
Intel is set to release its second-quarter earnings report, with analysts predicting a loss of $448.05 million, attributed to rising R&D costs and competitive pressures. Investors are keen on updates regarding Intel's outlook, particularly its foundry business and potential growth driven by artificial intelligence demand. Although faced with challenges, analysts suggest a potential rebound in the latter half of the year as Intel's chips gain traction in AI applications.
Source: YAHOO