Intel shares (NASDAQ: Intc) fell by around 5% during the pre-Marque session on Friday after the flea manufacturer made stronger than expected profits, but offered a cautious prospect of the second quarter.
The company has displayed profits and adjusted income above analysts’s estimates for the March quarter. However, his income forecasts in the second second quarter of $ 11.2 billion at $ 12.4 billion was lower than the consensus of $ 12.82 billion, and he plans to break even on a basis per adjusted part, less than $ 0.07 that analysts for profit had projected.
Intel has cited persistent macroeconomic winds and continuous challenges in the technological supply chain as key factors weighing on advice before. The uncertainty of global trade and the demand for softening in certain data centers and the PC markets continue to do visibility in the cloud, according to the company.
To counter these pressures, Intel reduced its operating expenses of the year in 2025 to $ 17 billion and reduced capital expenditure to $ 18 billion. The company said it was focused on long -term investments in AI manufacturing and infrastructure, despite the tightening of the short -term belt.
This article appeared for the first time on Gurufocus.
