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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (73195)	7/27/2023 7:25:30 PM
From: E_K_S	Respond to of 78958

Intel Surges After Returning To Profitability And Blowing Away Expectations; Guides Sharply Higher After several years of earnings disappointment culminating with last quarter's catastrophic earnings release which was clearly meant to be the company's kitchen sink, it was only a matter before the company released results that would impress a market that had largely given up hope in the OG chipmaker (at least until it was trounced by Nvidia). Well, that what finally happened today, when Intel not only beat conservative Q2 earnings estimates - in the process returning to profitability earlier than expected after two quarters of losses - but gave what it had not given in a very long time: upbeat guidance.