Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Intel gave an upbeat revenue forecast after personal computer demand grew, boosting optimism about a comeback attempt by the embattled chipmaker.

Fourth-quarter sales will be $12.8 billion to $13.8 billion, the company said in a statement Thursday. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate.
But some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.

The shares gained about 3% in late trading after closing at $38.16.

For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Jay Goldberg, Senior Analyst of Semiconductors & Electronics with Seaport Research Partners

See omnystudio.com/listener for privacy information.

Avsnitt(3328)

Evolving Money: Birth of a New Asset Class (Sponsored Content)

Evolving Money: Birth of a New Asset Class (Sponsored Content)

Is cryptocurrency the next logical evolution of the monetary system? To explore whether we’re at an inflection point, we’ll look back at moments in the history of money when how we paid for things and...

30 Maj 202415min

Cleveland Fed Names President, ConocoPhillips & Marathon Deal

Cleveland Fed Names President, ConocoPhillips & Marathon Deal

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Steve Matthews, Bloomberg Federal Reserve Reporter, discusses the Federal Reserve Bank of Cleveland appointing Beth Hammack, a Gold...

29 Maj 202438min

The Return of T+1 Stock Trading, Pricing Offshore Wind

The Return of T+1 Stock Trading, Pricing Offshore Wind

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Larry Tabb, BI Director of Market Structure Research, on Wall Street Returns to T+1 Stock Trading After a Century. Pat Gallagher, C...

28 Maj 202435min

Nvidia and Target Earnings

Nvidia and Target Earnings

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.On this week’s podcast: Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst, recaps Nvidia earnings. Drew Reading, ...

24 Maj 202437min

Avian Flu Spreads, Remembering George Floyd

Avian Flu Spreads, Remembering George Floyd

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Lisa Jarvis, Bloomberg Opinion columnist on testing farmers for bird flu. Erica Adelberg, Bloomberg Intelligence Chief Mortgage-Bac...

24 Maj 202431min

Nvidia Shares Surge as Sales Forecast Delivers

Nvidia Shares Surge as Sales Forecast Delivers

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst, recaps Nvidia earnings. Shana Sissel, President and CEO at Ban...

23 Maj 202440min

Instant Reaction: Nvidia Forecast Shatters Estimates

Instant Reaction: Nvidia Forecast Shatters Estimates

Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, gave another bullish sales forecast, showing that spending on AI computing remains strong. For instant reaction and analys...

22 Maj 202413min

Anglo Opens BHP Talks, Target Earnings, UK Election

Anglo Opens BHP Talks, Target Earnings, UK Election

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Grant Sporre, Bloomberg Intelligence Global Head of Metals and Mining, discusses the latest with the BHP bid to buy Anglo American....

22 Maj 202444min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
svd-tech-brief
lastbilspodden
borsmorgon
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
rss-den-nya-ekonomin
dynastin
affarsvarlden
rikatillsammans-om-privatekonomi-rikedom-i-livet
market-makers
rss-borslunch