Intel: Disappointing Short-Term Result, But Patience Is Required

wellesenterprises 2024 Q2 Earnings Takeaway: Another Restructuring Intel Corporation (NASDAQ:INTC) reported disappointing FY2024 Q2 results. While revenue is within their guidance, the gross margin and the disappointing Q3 outlook led to a nearly 26% plunge in the stock price. Intel Investor Presentation - 2024 Q2Intel Investor Presentation - 2024 Q3 Guidance While I expected them to have a bad financial performance since this is the most expensive year, as they start scaling their EUV nodes and outsource s ...