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Intel reports Q1 revenue of $19.83B, up 23% YoY, and Data Center Group revenue of $6.99B, up 42.7% YoY; stock is down 3%+

Jordan Novet / CNBC :

CNBC Jordan Novet

Discussion

  • @danielnewmanuv Daniel Newman on x
    Markets these days are whacky. Company outperforms during a challenging quarter (note China) but gives weak guidance (which most companies are) and now investors are bothered? Since when? Intel shares drop on low Q2 guidance https://www.cnbc.com/... $INTC #Earnings #tech https://…
  • @petergarnry Peter Garnry on x
    Intel shares down 7% in aft-mkt on Q1 earnings that looks good and Q2 guidance that was a tad better than expected. Maybe the 2H guidance on government spending and the pulling of its 2020 killed sentiment... $INTC
  • @mattrosoff Matt Rosoff on x
    Intel $INTC is now off more than 5% after hours on low Q2 guidance. @jordannovet reporting here: https://www.cnbc.com/...