Intel Corporation: 6 Reasons To Sell

Summary:

  • Intel Corporation’s Q1 revenue was down 36% year-over-year.
  • Intel’s projection for Q2 shows another 22% revenue loss YoY.
  • Intel’s financial metrics are terrible.
  • Intel’s new fab projects will take years to generate substantial free cash flow.

Entrance of The Intel Museum in Silicon Valley.

JHVEPhoto

Overview

Intel Corporation (NASDAQ:INTC) released its second-quarter earnings for FY 2023 on April 27, 2023. Those results were not pretty, as Intel reported a loss of $.04 non-GAAP on revenue that was down a huge 36%. But the bad news

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