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.