Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier
1. Intel's Q1 results beat expectations due to chip stockpiling ahead of tariffs. 2. Revenue guidance of $11.2-$12.4 billion is wider due to tariff uncertainty. 3. Potential recession linked to trade policies may affect consumer spending. 4. Costs will increase due to tariffs, impacting pricing strategies. 5. New CEO plans to cut operational expenses for improved efficiency.