As Intel plunges, here's what every major analyst had to say about its dismal report

As Intel plunges, here's what every major analyst had to say about its dismal report

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/25/-chip-wrecked-intel-losing-to-competitors-heres-what-else-is-worrying-major-analysts.html

Rising competition weighed on analysts minds following Intel's dismal report after the bell Thursday. Wall Street largely believes the company's sales shortfall is an Intel-specific problem and they remain bullish on the semiconductor industry as a whole.

Shares were down 6 percent in premarket after the company also gave weak guidance and missed on revenue and didn't seem any closer to naming a permanent CEO.

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