Intel forecast falls short of estimates, fanning tariff worries

April 27, 2025

, By The Economic Times

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Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan‘s first round of earnings at the helm, against the backdrop of a raging Sino-US trade war.

Intel shares were down 5.8% in extended trading.

The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker around after years of missteps have left it struggling to gain a foothold in the booming AI market.

The Santa Clara, California-based company expects revenue of $11.2…

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Intel forecast falls short of estimates, fanning tariff worries

April 27, 2025

, Published By The Economic Times

Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan‘s first round of earnings at the helm, against the backdrop of a raging Sino-US trade war.

Intel shares were down 5.8% in extended trading.

The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker around after years of missteps have left it struggling to gain a foothold in the booming AI market.

The Santa Clara, California-based company expects revenue of $11.2…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Amazon launches ‘Buy for Me’ feature to help customers shop from other brands

Next News

Solana’s Loopscale pauses lending after $5.8M hack

The Economic Times

More like this

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