Intel Drops Heavily Anticipated Results: Absolute Disaster

bunhill Well, it was tempting to buy Intel Corporation (NASDAQ:INTC) just a few weeks ago when it seemed the stock was catching a bid into earnings. There was hope that they had figured things out, and a more domestic chip company would do better in this macro/geopolitical climate. T But this Q2 earnings report that was just released was a disaster. A double-line miss, a down guide for Q3 below estimates, and now completely suspending the dividend (starting in the fourth quarter) after cutting it severa ...