INTC down nearly 11% in premarket as poor guidance spreads worries
Intel stock has lost nearly 11% in the premarket INTC dropped on account of Thursday’s evening’s quarterly release. Intel missed earnings expectations by half and revenue consensus by $500 million. CEO Pat Gelsinger said current quarter’s revenue would be $3 billion below expectations. Well, that did not go as planned. Intel (INTC) launched the semiconductors […]