Intel’s 2nd Quarter

Intel’s (INTC) 2nd quarter came in at $.51, well above street estimate of $.43. Gross margins exceeded expectations at 67.2% versus 64%e. We are encouraged by management’s increase in guidance for the 3rd quarter despite the fact that inventories grew 12% quarter to quarter. Company will benefit from the following areas: 1. Rebound in IT […]

Skip to content