Q3 earnings miss? At least a year away from profitability? Intel's turned so many corners by now it's back to it's original starting location, which is FUBAR.
Key Points
- Data center revenues are still declining at Intel.
- Intel's CFO warned investors that it may take another year for the company to break even on operating cash flow.
- One Wall Street analyst thinks it's time for Intel to abandon its foundry business.
https://www.fool.com/investing/2023/09/20/why-intel-stock-dipped-by-more-than-2-today/