Intel stock slides on lower Q2 forecast

In This Article:

Shares of Intel (INTC) are moving lower Friday morning as the company posted its first quarter report, revealing a better-than-expected profit. However, the company posted a lower-than-expected forecast for second-quarter revenue.

Yahoo Finance Anchors Brad Smith and Seana Smith discuss how Intel is competing in the chip space and whether Q1 is the bottom of its near-term supply constraints.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino