What to Expect From Intel's Q2 Report
Shares of Intel (NASDAQ: INTC) are languishing at the lower end of their 52-week range after failing to gain any traction this year. The chip giant has struggled thanks to a variety of challenges including a declining PC market, market share loss in central processing units (CPUs), and stiff competition in emerging technologies such as driverless cars.
Intel investors will be hoping to see some relief when the company releases its fiscal second-quarter results after the market closes on July 27. But will Chipzilla be able to deliver or will its struggles continue? Here's what investors should expect from the company's upcoming results.
Image Source: Intel
Source: Fool.com
Intel Corp. Stock
€88.11
0.740%
Our community is currently high on Intel Corp. with 46 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 88.11 € for Intel Corp., so the potential is actually -20.55%.
