4 Key Takeaways From Intel's Earnings Call

After Intel's (INTC) first quarter of 2024 outlook drew investors' attention away from its fourth-quarter earnings beat, sending the company's stock down more than 10% in after-hours trading, corporate leaders discussed the subpar guidance, Intel's growing foundry business, remaining competitive in the artificial intelligence (AI) era, and AI personal computer (PC) potential. Weak 2024 Guidance Is 'Temporary' Intel sees its weak first quarter of 2024 outlook as "temporary," expecting "sequential and year ...