-
Posted by
Two Blokes Jul 27 -
Filed in
Stock
-
1 view
Intel's missed on EPS estimates in Q2 and provided weak Q3 guidance, amidst its ongoing cost reduction plan to improve utilization. Even adjusting non-recurring costs, the Q2 gross margin still declined QoQ, and its Q3 outlook points to further contraction. Management made it clear that future production ramps for 14A will hinge on securing meaningful external customer demand.
