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Intel Q2 Earnings

B
Benzinga

1 Views • Sep 01, 2021

Description

Despite the chip shortage in the world, Intel ($INTC@US) reported great quarterly earnings on Thursday as their revenue of $19.6 billion beat the $17.84 billion projection by analysts. However, Intel also issued a warning that the chip shortage could last until 2023 and possibly further. Shares of Intel were down 4.91% today.

Keywords & Tags

#earnings #finance #business #earnings report #big tech #revenue #chip shortage #economic recovery #technology company #second-quarter results #beat estimates #Q2 #analyst’s ratings #Q2 Earnings #Intel #INTC #microprocessors #chip manufacturer

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