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.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
Kuala_Lipis : They’re just human beings like us. Our money is our decision. Gain or loss, I don’t care.
103291848 : feels like by 2025/6, Intel would have a market cap of 500B
The instant they reduced the investment into IFS, their finances will become viable. Their CCG segment alone generates more revenue and operating income than AMD's entire company in Q2 2024. Only thing dragging Intel through the muds is the IFS business. When the production ramps up in 2025/6 is when IFS will stop sucking every profit from other segments and becomes self sustainable. Would be fun to see when the operating income of Intel becomes the entire revenue of AMD