Tag Archives: profits

Intel Stock falls as production woes overshadow earnings

Text size Alexander Koerner / Getty Images Intel shares fell sharply on Thursday after the company said it is experiencing substantial delays in its development of cutting-edge 7-nanometer production technology. That news outshone financial results better than expected. The delays raise troubling new questions about the company’s ongoing problems in …

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Intel (INTC) earnings Q2 2020

Intel shares fell as much as 9% on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than expected. This is how the company did it: Profits: Adjusted $ 1.23 per share, versus $ 1.11 per share as expected by analysts, according to …

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