Company Of The Day: Intel
What?
Intel (NASDAQ:INTC) posted a mixed set of Q3 2021 results, with adjusted revenues of $18.1 billion missing estimates, and adjusted EPS of $1.71 beating estimates.
Why?
- Gaining 50% Over The Last 12 Months, Will Intel Stock Rally Further After Q4 Results?
- Will Intel Stock Recover To Pre-Inflation Shock Highs?
- Up 44% This Year And With Foundry Plans Taking Shape, Will Intel Stock See Further Gains?
- What To Expect From Intel’s Q3 Results?
- Will Intel Stock Recover To Pre-Inflation Shock Highs?
- What To Expect From Intel’s Q2 Earnings?
Intel saw revenue from its client computing segment which sells PC chips fall in Q3 due to the industrywide supply chain issues. However, this was partially offset by higher average selling prices.
So What?
Intel stock declined by almost 11% in Friday’s trading following the news.
See Our Complete Analysis For Intel
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