Advertisement
Canada markets open in 4 hours 29 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7316
    +0.0018 (+0.25%)
     
  • CRUDE OIL

    83.02
    +0.21 (+0.25%)
     
  • Bitcoin CAD

    87,395.65
    -3,576.89 (-3.93%)
     
  • CMC Crypto 200

    1,359.56
    -23.01 (-1.66%)
     
  • GOLD FUTURES

    2,337.90
    -0.50 (-0.02%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,502.25
    -162.25 (-0.92%)
     
  • VOLATILITY

    16.15
    +0.18 (+1.13%)
     
  • FTSE

    8,095.56
    +55.18 (+0.69%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

Can Intel’s Strong Fundamentals Withstand the Headwinds?

Can Intel’s Strong Fundamentals Withstand the Headwinds?

In the previous part of this series, we saw that Intel (INTC) stock has been on a downtrend. US tariffs on Chinese (FXI) imports, CPU (central processing unit) supply constraints, delays in 10 nm (nanometer) products, competition from Advanced Micro Devices (AMD), and the departure of its CEO could significantly impact Intel’s earnings. Despite these headwinds, Intel raised its 2018 revenue guidance from $67.5 billion to $69.5 billion in its second-quarter earnings call. Its upcoming third-quarter earnings on October 25 could shed some light on the financial impact of these headwinds.