Intel issues disappointing guidance for Q1

Intel Corp (NASDAQ: INTC) is trading down in extended hours on Thursday even though it reported strong results for the fourth financial quarter. Intel stock hit on downbeat guidanceCopy link to sectionThe stock is in the red because $INTC issued not-so encouraging guidance for the future. Intel now forecasts $12.2 billion to $13.2 billion in revenue on up to 13 cents of per-share earnings in its current fiscal quarter. Analysts, in comparison, were at $14.5 billion and 33 cents, respectively. David Zinsner ...