Intel CEO on Earnings Miss: "We Believe That We Are at the Bottom"

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Intel CEO on Earnings Miss: "We Believe That We Are at the Bottom"

Yahoo Finance2022-07-30

Intel CEO Pat Gelsinger says things are unlikely to get worse at the company than the surprising challenges seen in a disappointing second quarter."We believe that we are at the bottom," Gelsinger ...

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Comment（31）

Ironman2002
·2022-08-01
"Believe" = hope ?
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Kimlet
·2022-08-01
Ok
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1
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喜慶吉祥好運
·2022-08-01
🧐🤔
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Bull1973
·2022-07-31
Ok
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Targarean
·2022-07-31
Which means it's time to buy
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1
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Toby_Chua
·2022-07-31
Asking barber sure need haircut
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1
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THN
·2022-07-31
🤞🏼
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1
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377tkr
·2022-07-31
Ok
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1
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SPOT_ON
·2022-07-31
Ok
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4
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LawrenceLBC
·2022-07-31
Tq for sharing.
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2
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Seah CL
·2022-07-31
K
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carroll
·2022-07-30
Yoyo
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Bspn
·2022-07-30
Ok
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2
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patuick
·2022-07-30
INTC was never the market darling and is still not. No surprise that it is punished for not meeting estimates [LOL]
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1
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Mindthink
·2022-07-30
Ok
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1
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Rudyy
·2022-07-30
Ok
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och
·2022-07-30
K
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2
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Ah Deck
·2022-07-30
Like pls
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MauChin
·2022-07-30
Nothing is absolute!
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So we see that building back naturally. Also as we go into the second half you have some of the natural cycles like holidays as well. So all of those give us confidence in the guidance we gave.\"Here is how Intel performed versus Wall Street estimates in results released after the close of trading on Thursday:2Q Adjusted Sales: $15.32 billion vs. $17.96 billion2Q Adjusted Gross Margin: 44.8% vs. 51%2Q Adjusted Operating Margin: 9.2% vs. 18.7%2Q Adjusted EPS: $0.29 vs. $0.693Q Adjusted Sales: $15 billion to $16 billion vs. $18.7 billion3Q Adjusted EPS: $0.35 vs. $0.82Full Year Adjusted Sales: $65 billion to $68 billion vs. $75 billionFull Year Adjusted EPS: $2.30 vs. $3.39The market is taking a more muted stance toward the company. Shares of Intel fell more than 8% in Friday's session as Wall Street marked down their forecasts and ratings on the chip giant.\"PC inventory correction could perdure for several quarters, in our view, given 20+ year high PC supply chain inventory levels,\" Baird analyst Tristan Gerra wrote in a note to clients. \"Shift in consumer patterns away from Covid-times at-home entertainment devices, combined with weak first-half seasonality, suggests no PC recovery near-term, with resulting under-utilization rates challenging gross margin recovery.\"Gerra downgraded his rating on Intel to 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means it's time to buy","listText":"Which means it's time to buy","text":"Which means it's time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901472605","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901458676,"gmtCreate":1659251261195,"gmtModify":1676536277755,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576326749731922","authorIdStr":"3576326749731922"},"htmlText":"Asking barber sure need haircut&nbsp;","listText":"Asking barber sure need haircut&nbsp;","text":"Asking barber sure need haircut","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901458676","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901540135,"gmtCreate":1659236547127,"gmtModify":1676536275536,"author":{"id":"3580876892793683","authorId":"3580876892793683","name":"THN","avatar":"https://community-static.tradeup.com/news/65f9b6885aec8b52dd7c6b803a630732","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580876892793683","authorIdStr":"3580876892793683"},"htmlText":"🤞🏼","listText":"🤞🏼","text":"🤞🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901540135","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901567168,"gmtCreate":1659234485454,"gmtModify":1676536275094,"author":{"id":"3582001642809284","authorId":"3582001642809284","name":"377tkr","avatar":"https://static.tigerbbs.com/25cbfadab64a300119ffe30a37937ff2","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582001642809284","authorIdStr":"3582001642809284"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901567168","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901264601,"gmtCreate":1659226580503,"gmtModify":1676536272681,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"idStr":"3582922989777578","authorIdStr":"3582922989777578"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901264601","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901269679,"gmtCreate":1659225822691,"gmtModify":1676536272528,"author":{"id":"4099538117833270","authorId":"4099538117833270","name":"LawrenceLBC","avatar":"https://static.tigerbbs.com/d77996f17116a3bc466fc0271bc81357","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4099538117833270","authorIdStr":"4099538117833270"},"htmlText":"Tq for sharing.","listText":"Tq for sharing.","text":"Tq for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901269679","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901297391,"gmtCreate":1659220516713,"gmtModify":1676536271707,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah 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was never the market darling and is still not. No surprise that it is punished for not meeting estimates&nbsp;[LOL]&nbsp;","listText":"INTC was never the market darling and is still not. No surprise that it is punished for not meeting estimates&nbsp;[LOL]&nbsp;","text":"INTC was never the market darling and is still not. No surprise that it is punished for not meeting estimates [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901870923","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901857511,"gmtCreate":1659168892434,"gmtModify":1676536268383,"author":{"id":"4102837759709900","authorId":"4102837759709900","name":"Mindthink","avatar":"https://community-static.tradeup.com/news/89b965229f7209196369426d161728ee","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4102837759709900","authorIdStr":"4102837759709900"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901857511","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901800138,"gmtCreate":1659153075624,"gmtModify":1676536266441,"author":{"id":"3573013786940329","authorId":"3573013786940329","name":"Rudyy","avatar":"https://static.tigerbbs.com/bb9e738a6e83bd49057ffbf45051da2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573013786940329","authorIdStr":"3573013786940329"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901800138","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901179155,"gmtCreate":1659151737377,"gmtModify":1676536266117,"author":{"id":"3565663543754207","authorId":"3565663543754207","name":"och","avatar":"https://static.tigerbbs.com/1c195b2a32a90ae2210984600e352644","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3565663543754207","authorIdStr":"3565663543754207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901179155","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901143815,"gmtCreate":1659150584437,"gmtModify":1676536265923,"author":{"id":"4098445225447010","authorId":"4098445225447010","name":"Ah Deck","avatar":"https://static.tigerbbs.com/0e52eb1e14e0f630d24f1687ea546cd8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4098445225447010","authorIdStr":"4098445225447010"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901143815","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901149953,"gmtCreate":1659150428872,"gmtModify":1676536265892,"author":{"id":"3577838395517451","authorId":"3577838395517451","name":"MauChin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577838395517451","authorIdStr":"3577838395517451"},"htmlText":"Nothing is absolute!","listText":"Nothing is absolute!","text":"Nothing is absolute!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901149953","repostId":2255291569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":285,"commentSize":31,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}