Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses
Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses Intel provided an update on its second-quarter revenue forecast following the Biden administration’s decision to revoke its export license to supply semiconductors to Huawei. The new estimates reveal revenues will be below the midpoint of the $12.5 billion to $13.5 billion range. Blame game… A new trend? Blame earnings […]
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