Intel Set to Release Q2 Earnings on July 23; Data Center Business Seen Growing 40% YoY

INTC8.18%
According to Wedbush, Intel is set to release its second-quarter earnings report after the market close on July 23 ET. The firm expects Intel to deliver "strong" results, with the data center business projected to be a key growth driver. Wedbush forecasts data center sales will rise 10% quarter-over-quarter and 40% year-over-year, with average selling prices also expected to increase double-digit percentages, potentially benefiting from improved pricing power. (Seekingalpha)
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments