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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (90481)	7/27/2023 7:15:50 PM
From: Return to Sender	2 Recommendations Recommended By Sam The Ox Read Replies (1) \| Respond to of 95358

Intel beats by $0.17, beats on revs, gross margin of 39.8% compared to guidance of 37.5%; guides Q3 EPS above consensus, revs in-line 4:09 PM ET 7/27/23 \| Briefing.com Reports Q2 (Jun) earnings of $0.13 per share, excluding non-recurring items, $0.17 better than the FactSet Consensus of ($0.04); revenues fell 15.7% year/year to $12.9 bln vs the $12.12 bln FactSet Consensus.Gross margin of 39.8% vs. guidance of 37.5%.Client Computing Group (CCG) revenue down 12% to $6.8 bln; lower on overall TAM contraction and OEM inventory reductions.Data Center & AI Group (DCAI) revenue down 15% to $4.0 bln; lower on CPU TAM contraction and competitive pressures.Network And Edge Group (NEX) revenue down 38% to $1.4 bln.Co issues guidance for Q3, sees EPS of $0.20 vs. $0.16 FactSet Consensus; sees Q3 revs of $12.9-$13.9 bln vs. $13.22 bln FactSet Consensus. Sees gross margin of 43.0%. Says is expecting a modest 2H23 recovery.