Intel (NASDAQ: INTC) Q2 2020 Earnings – 7nm Delay Causes the Stock to Tank Around 9%

Intel (NASDAQ: INTC) Q2 2020 Earnings – 7nm Delay Causes the Stock to Tank Around 9%

4 years ago
Anonymous $qOHwDUKgAF

https://wccftech.com/intel-nasdaq-intc-q2-2020-earnings-7nm-delay-causes-the-stock-to-tank-around-9/

Intel (NASDAQ:INTC) shares seems to be loitering in the doldrums lately, having budged only nominally higher relative to the price level at the start of the year. Today, the company has come under a fresh spotlight as it announces its earnings for the second quarter of 2020.

Intel revealed the much-anticipated numbers just moments ago, painting a solid financial picture. Crucially, however, the company has again pushed back the timeline for the introduction of its 7nm products.