After Intel’s Messy Earnings Report, This Much Is Clear
Intel corp. 's latest earnings report had plenty going on, including almost $19 billion in charges related to the company's restructuring, which forced a big loss and major miss on margins. Intel shares fell nearly 30% on friday morning after the company announced plans to slash its workforce and halt its dividend, as well as issuing grim revenue forecasts for the. The ratings game after intel’s messy earnings report, this much is clear intel ceo pat gelsinger seems to have the board’s backing for his plan to run intel’s foundry and. Intel is facing its most significant crisis in decades. The company's recent quarterly earnings report paints a grim picture, with revenue falling far short of expectations and a bleak.