Intel (INTC)'s revenue guidance on Q3 could be a touch worse than expected

According to Corey Lorinsky, A ClusterStock's Analyst, For 3Q, INTC's revenues can grow by 4% to 6% QoQ, driving possible revenue guidance of $9.6 billion to $10.2 billion, a slight miss versus the Street estimate of $10.1 billion with renewed macro concerns and the possibility that some supply chain production was pulled into 2Q due to greater use of ocean freight, Intel's guidance could slightly disappoint.






Please Note!

This is generally never true. Before buying or selling any asset you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.

You are welcome to republish this article, or any portion thereof.
Please, cite the actual/original source. I would be grateful if you could link back.