What's Ahead For Intel In Q3? This Analyst Projects In-Line Earnings But Warns Of Data Center Challenges
Intel Corporation INTC will report third-quarter financial results tomorrow, October 31, after the closing bell. Rosenblatt analyst Hans Mosesmann anticipates that the tech giant will report results that are in line with expectations as the PC market stabilizes. However, he notes that this will be tempered by challenging trends in the data center sector, mainly due to market share losses to Advanced Micro Devices, Inc. AMD. Related Read: AMD Q3 Earnings: Revenue Beat, EPS In Line, Data Center Up 122%, 'Sign ...