Intel Post Q2 Sales Beat, Analysts Expect Turnaround To Take Years
1. Intel reported disappointing earnings, leading to a 9.17% stock decline. 2. Analysts showed mixed ratings; BofA remains Neutral while others are cautious. 3. Management guided third-quarter sales at $13.1 billion, slightly above consensus. 4. Concerns persist regarding competition from AMD and Arm and lack of AI pipeline. 5. Marshalling of customer orders affected by tariffs contributed to revenue performance.