Intel: Dreadful Start To 2023


  • Intel has seen a tough fourth quarter in 2022.
  • The first quarter guidance for 2023 is particularly underwhelming.
  • The shortfall for the guidance is worrying, with few green shoots visibly seen, despite some upbeat comments by management.

Intel Headquarters


Last October I believed that big cost cutting efforts at Intel (NASDAQ:INTC) posed both a solution and a risk to its woes. The company was trying to save operational expenses to fund large upcoming net capital expenditure requirements, which

Disclosure: I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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