Intel: Why I'm Avoiding This Stock After Earnings

Intel (NASDAQ: INTC ) just released its earnings for its fiscal third quarter 2024. The release missed expectations on revenue and earnings per share (EPS), but the stock rallied on raised fourth quarter guidance. Intel’s release was highly anticipated because the stock has aAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TSM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...