https://wccftech.com/intel-intc-q3-2020-earnings-investors-hammer-the-company-for-providing-muted-guidance-and-pausing-the-share-buyback-program/

Intel (NASDAQ:INTC) shares have recorded a gradual recovery following the previous quarter’s shock announcement of a delay in the launch of the 7nm node products. As an illustration, after hitting a low of $47.73 on the 31st of July, the stock has rebounded, registering a gain of over 12 percent in the process. Today, the semiconductor behemoth is again in the spotlight as it gears up to announce its earnings for the third quarter of 2020.

The company reported its much-anticipated scorecard just moments ago, barely exceeding expectations when it comes to revenue and the EPS.