Intel shares fall nearly 10% as earnings outlook disappoints

seekingalpha2021-10-22

(Oct 22) Intel shares fall nearly 10% as earnings outlook disappoints. Intel's shares fell nearly 10% in pre-market trading Friday after the semiconductor giant turned in a mixed bag of an earnings ...

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精彩评论

MeowTamara
2021-10-25
MeowTamara
No different from meme stock now
我i168
2021-10-23
我i168
So so
Huatkor
2021-10-23
Huatkor
If it doesnt reinvent itself fast, it would be left behind by its competitors like AMD, Apple and Nvidia.
patricklowck
2021-10-23
patricklowck
So ridiculous..
EDWINHLC
2021-10-23
EDWINHLC
Follow
- EDWINHLC:
  Ok
- EDWINHLC:
  OK
- EDWINHLC:
  Ok
Cheryi
2021-10-22
Cheryi
Follow

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Total revenue came to $19.2 billion, up from $18.33 billion a year ago. Excluding its divested memory business, Intel's sales were $18.1 billion.\nBy that measure, Intel missed analysts' revenue forecasts of $18.24 billion.\nAmong its main business areas, Intel's client computing group, which includes chips used in personal computers, reported revenue of $9.7 billion, a 2% decline from a year ago. Data center group sales climbed 10%, to $6.5 billion, but also failed to reach Wall Street's forecasts of $6.7 billion.\nLike nearly every major tech company, Intel has been dealing with supply chain issues and component shortages that have hampered production of PCs and other computing products over the last year. Part of the reason for the shortages has been surging demand for technology for remote and at-home-working due to the Covid-19 pandemic.\nPrior to a conference call to discuss Intel's results, Chief Executive Pat Gelsinger was blunt about the supply chain situation and its timeline for improving.\n“We’re in the worst of it now,\"Gelsinger said in an inteview with CNBC. \"Every quarter next year we'll get incrementally better, but they're not going to have supply-demand balance until 2023.\"\nStill, Gelsinger was upbeat about Intel's performance, and it's ability to grow its business in the years.\n\"We are still in the early stages of our journey, but I see the enormous opportunity ahead,\" Gelsinger, on a conference call, saying the company had a solid quarter as it navigated a rough industry environment.\n\"Demand remains strong,\" Gelsinger said. \"I believe we're starting a new cycle of sustained growth.\"\nFor its fourth quarter, Intel estimates it will earn 90 cents as share, excluding one-time items, on revenue fo $18.3 billion, excluding its memory-chip business. That forecast proved to disappoint Wall Street, as analysts had expected Intel to earn $1.01 a share on $18.25 billion for the final three months of this year.\nIntel also said Chief Financial Officer George Davis will retire from the company in May 2022.\nEarlier Thursday,Intel reportedly dropped its efforts to acquire privately held chip designer SiFive.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":856844676,"gmtCreate":1635170680528,"gmtModify":1635170752899,"author":{"id":"4091417768263030","authorId":"4091417768263030","name":"MeowTamara","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"No different from meme stock now","listText":"No different from meme stock now","text":"No different from meme stock now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856844676","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":851716559,"gmtCreate":1634944674195,"gmtModify":1634944674195,"author":{"id":"3563873670221480","authorId":"3563873670221480","name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"So so","listText":"So so","text":"So so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851716559","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":851736392,"gmtCreate":1634943772245,"gmtModify":1634943961198,"author":{"id":"3581919183376534","authorId":"3581919183376534","name":"Huatkor","avatar":"https://static.tigerbbs.com/6f3897aace055b5fa9f58089c1e880d8","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"If it doesnt reinvent itself&nbsp;fast, it would be left behind by its competitors like AMD, Apple and Nvidia.&nbsp;","listText":"If it doesnt reinvent itself&nbsp;fast, it would be left behind by its competitors like AMD, Apple and Nvidia.&nbsp;","text":"If it doesnt reinvent itself fast, it would be left behind by its competitors like AMD, Apple and Nvidia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851736392","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":851474134,"gmtCreate":1634939121953,"gmtModify":1634939123126,"author":{"id":"3565580415318008","authorId":"3565580415318008","name":"patricklowck","avatar":"https://static.tigerbbs.com/fc04396a7aff08c74904d7b520596366","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"So ridiculous..&nbsp;","listText":"So ridiculous..&nbsp;","text":"So ridiculous..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851474134","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":851478559,"gmtCreate":1634938068046,"gmtModify":1634938069107,"author":{"id":"3582422606150116","authorId":"3582422606150116","name":"EDWINHLC","avatar":"https://static.tigerbbs.com/1713fcfede7d5ef4d896338f3a585a14","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/851478559","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6311927,"gmtCreate":1635118368694,"gmtModify":1635118368728,"authorId":3582422606150116,"author":{"id":3582422606150116,"authorId":3582422606150116,"name":"EDWINHLC","avatar":"https://static.tigerbbs.com/1713fcfede7d5ef4d896338f3a585a14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":851478559,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":6302463,"gmtCreate":1635028968521,"gmtModify":1635028968550,"authorId":3582422606150116,"author":{"id":3582422606150116,"authorId":3582422606150116,"name":"EDWINHLC","avatar":"https://static.tigerbbs.com/1713fcfede7d5ef4d896338f3a585a14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":851478559,"type":1,"supId":0,"prevId":0,"content":"<u>OK</u>","text":"<u>OK</u>","html":"<u>OK</u>"},{"id":6293167,"gmtCreate":1634938175452,"gmtModify":1634938175480,"authorId":3582422606150116,"author":{"id":3582422606150116,"authorId":3582422606150116,"name":"EDWINHLC","avatar":"https://static.tigerbbs.com/1713fcfede7d5ef4d896338f3a585a14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":851478559,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"CN"},{"id":851690330,"gmtCreate":1634899416264,"gmtModify":1634899416697,"author":{"id":"3568940106394782","authorId":"3568940106394782","name":"Cheryi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851690330","repostId":1145809326,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":105,"commentSize":25,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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