Tag: Intel CEO Pat Gelsinger
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Intel Just Took Down Tech Stocks with its Poor Outlook
Intel (INTC) just stunk up tech stocks. While the tech giant beat estimates for its most recent quarter, its outlook lagged forecasts. For the quarter ended in December, Intel posted adjusted EPS of 54 cents, as compared to expectations of 45 cents. Revenue came in at $15.4 billion, as compared to estimates of $15.15 billion.…