Top analyst updates Intel stock forecast, before earnings

Intel's Q3 earnings report will be released on October 23. The earnings report will significantly impact the stock, as it will reveal the extent to which the company has managed to stabilize its losses. The company reported stagnant revenue in Q2 of $12.9 billion year over year, but more importantly, it reported a net loss of $2.9 billion. Intel's most significant problem is its fabs, which are losing money, with more than $13 billion in losses in the last four quarters alone. The company is betting tha ...