Intel is scheduled to report Q2 earnings at 5:00 PM ET on July 22 or 5:00 AM SGT on July 23 after the close of markets. As the chipmaker suffers through a wait-and-see approach from Wall Street, the company is expected to provide plenty clarity beyond financial performance, including the changes and developments under Chief Executive Pat Gelsinger, the outlook for data-center sales and product delays.
Intel's earnings have been flat or declining for the last three quarters. The company earned an adjusted $1.39 a share on sales of $19.67 billion in Q1 2021, and reported a 20% drop in data-center sales, while smaller rival AMD announced its data-center sales more than doubled.
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