Intel Executive At TD Cowen Conference Says He Sees Q2 Revenue At The Upper-Half And Its Likely Tracking $12B-$12.5B Vs $12.03B Est.
Portfolio Pulse from Happy Mohamed
An Intel executive at the TD Cowen Technology, Media and Telecom conference stated that he expects Q2 revenue to be in the upper half, likely tracking between $12B-$12.5B, compared to the $12.03B estimate.
May 31, 2023 | 2:44 pm
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Intel's Q2 revenue is expected to be in the upper half, likely tracking between $12B-$12.5B, compared to the $12.03B estimate, according to an executive at the TD Cowen conference.
The Intel executive's statement at the TD Cowen conference indicates a positive outlook for the company's Q2 revenue, which is expected to surpass the estimated $12.03B. This news is likely to have a positive impact on Intel's stock price in the short term, as it suggests better-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100