Will Lower Data Center Revenues Hinder Intel (INTC) Q2 Earnings?

Intel Corporation (INTC) is scheduled to report second-quarter 2024 results on Aug 1, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded lower revenues from the Datacenter and AI Group (DCAI) segment, owing to the fierce competition from other industry leaders amid a challenging macroeconomic environment. However, the introduction of a leading-edge product suite, including the Intel Gaudi 3 accelerator, integrated optical compute interconnect chiplet and advancemen ...