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Analysis: Intel's Q2 Results Are Expected to Be Strong, but Market Sentiment Remains the Biggest Wild Card
Svmuu News Intel is set to report its second-quarter earnings after the U.S. market close on July 23 (Eastern Time). In response, investment bank Wedbush stated that Intel is expected to deliver “strong” results, but investor sentiment remains a major source of uncertainty.The data center business is likely to be the primary driver of Intel’s quarterly earnings growth, with revenue from this segment expected to increase 10% quarter-over-quarter and 40% year-over-year. The company may also benefit from enhanced pricing power, as average selling prices (ASPs) achieved double-digit percentage growth during the quarter. (SeekingAlpha)
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