Why are INTC Shares Sliding in Premarket Trading Today?
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最新报道：Intel's shares dropped over 4% in premarket trading after the company disclosed disappointing Q1 2024 financial guidance. The chipmaker expects revenue between $12.2-$13.2 billion, significantly below analysts' $14.2 billion consensus estimate. Intel attributed the weak outlook to ongoing challenges in its foundry business and PC market headwinds. The company also reported mixed Q4 2023 results, with earnings per share of $0.54 beating expectations but revenue of $15.4 billion falling short. CEO Pat Gelsinger acknowledged "discrete headwinds" while emphasizing progress in Intel's transformation strategy, including advancements in AI and the upcoming launch of its Arrow Lake processors.
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