Scalper1 News
Intel (INTC) late Wednesday is expected to report a 5.4% drop in Q2 revenue, its first year-over-year sales decline in two years. The No. 1 chipmaker is coping with continued sluggish demand in the PC business as it steps up initiatives to expand into new markets. Analysts polled by Thomson Reuters see earnings per share excluding items of 51 cents, down 7.3% from the year-earlier quarter. They see revenue of $13.07 billion, where Intel has guided Scalper1 News
Scalper1 News