Guidance Boost News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Intel Slides as Investment Costs Cloud Earnings Beat, Guidance Boost TheStreet 2 hrs ago © TheStreet Intel Slides as Investment Costs Cloud Earnings Beat, Guidance Boost Intel Corp shares slumped lower in early Friday trading after the chipmaker hinted that investments in new manufacturing foundries would likely pressure near-term profit margins, clouding the impact of its first quarter earnings beat. Intel posted a bottom line of $1.39 per share on sales of $18.6 billion, topping Wall Street forecasts, but noted that current quarter profits would slow to $1.05 per share on revenues of around $17.8 billion. That guidance appeared to offset a full-year outlook that included improved revenues forecasts of $72.5 billion, gross margins of 56.5% and earnings of $4.60 per share, thanks in part to stronger PC demand linked to work-from-home dynamics .

United statesGeorge davisPat gelsingerWeston twiggAdvanced micro devicesCredit suisseIntel corpGuidance boostWall streetTaiwan semiKeybanc capital marketsஒன்றுபட்டது மாநிலங்களில்ஜார்ஜ் டேவிஸ்பேட் கெள்சிங்கேர்வெஸ்டன் டுவீக்க்கடன் ஸ்யூயி