Intel's earnings and outlook were disappointing, and the stock plunged 12%!
Shares of US tech giant Intel (Intel) experienced a sharp fall on Friday, dropping more than 12 percent.。The drop was a reaction by investors to the company's latest earnings report and outlook, with the disappointing performance raising concerns in the market。
Intel expects first-quarter adjusted earnings of 13 cents per share on revenue of $12.2 billion to $13.2 billion。This forecast was significantly lower than market expectations and caused investor unease。Currently, Intel (INTC) is 43 on the New York Stock Exchange..54 美元。
During the earnings call, Intel Chief Financial Officer David Sinner mentioned the challenges facing the company, which include material inventory adjustments at Mobileye and Programmable Solutions Group (PSG).。This indicates that the company has encountered headwinds in certain business areas that have affected overall performance。
In addition, Cinsner noted that Intel's manufacturing services revenue is expected to decline significantly due to lower traditional packaging purchases and cyclical weaknesses in wafer equipment purchases in the first half of the year.。This is also one of the important factors leading to the company's overall poor performance.。
In terms of performance improvement, investors focused on the company's key initiatives in terms of sales growth, cost control and market share expansion。Intel needs to find breakthroughs in product innovation and market strategy to improve future performance。
Overall, Intel's lower-than-expected results raised concerns in the market, with investors expressing concern about the company's future development.。In the company's future strategic decisions, the focus on business alignment and innovation investment will be the focus of investors' attention.。
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