Intel shares fall after providing weak forecast for the current quarter
Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024.Mandel Ngan | AFP | Getty ImagesIntel reported first-quarter earnings on Thursday that beat Wall Street expectations for earnings per share, but came up light in sales. Intel gave a weak forecast for the current quarter. The stock fell over 8% in extended trading.Here's how Intel did versus LSEG consensus expectations for the quarter ...
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