Intel Stock Slumps As Downbeat Forecasts Clouds Solid Q4 Earnings, Record Sales

Published by
The Street

By Martin Baccardax Intel CEO Pat Gelsinger sees ‘unprecedented’ global demand for chips in the coming year, but notes that supply chain constraints will continue into early 2023. Intel (INTC) – Get Intel Corporation Report shares slumped lower Thursday after the chipmaker cautioned that supply chain disruptions would keep a lid on near-term profits growth, clouding the impact of its record fourth quarter revenue haul. Intel said March quarter earnings would come in around 80 cents per share, around 6 cents shy of the Refinitiv forecast, after posting record revenues of $19.53 billion and an a… Read more about Intel Stock Slumps As Downbeat Forecasts Clouds Solid Q4 Earnings, Record Sales

Invasion

Published by
Philippine Star

FIRST PERSON – Alex Magno – The Philippine Star January 25, 2022 | 12:00am While we are hunkered in our respective COVID-19 foxholes, the clouds of war gather in Eastern Europe. Last week, the US rushed deliveries of lethal weapons to Ukraine in a move to forestall a feared Russian invasion. A few days ago, the Americans decided to remove all their non-essential personnel from their mission in Ukraine. Frantic, high profile, diplomacy has been going on among American, Russian and European diplomats. A hundred thousand Russian troops are positioned on the border with Ukraine. They seem ready to… Read more about Invasion