Tag: Intel

  • Intel Just Took Down Tech Stocks with its Poor Outlook

    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.…

  • The Top Chip Stocks to Buy and Hold for 2022

    The Top Chip Stocks to Buy and Hold for 2022

    Chip shortages are only getting worse. Intel CEO Pat Gelsinger says the shortage won’t end until 2023.  “We’re in the worst of it now, every quarter, next year we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023,” he said, as quoted by the Independent. Stellantis CEO Carlos Tavares says the…