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0.000406440267365172 4.02416106301301E-06 -0.00160564026414591 -0.000800808051541447 -0.00925154628388849 -0.00925154628388849 -0.0215252375261068 -0.0209256375277164
Stock impact report

Applied Materials Stock Rises 3% on Q4 Earnings Beat, Driven by AI Demand Surge [Yahoo! Finance]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Yahoo! Finance
consensus estimates, fueled by strong demand in AI-related chip manufacturing. On an adjusted basis, it earned $2.32 per share from $7.05 billion in sales, up from expectations of $2.19 per share on $6.96 billion in sales. Nevertheless, some doubts appeared as the company gave very modest forecasts regarding the current quarter. Offered upcoming quarter revenue guidance below $7.15 billion, below the $7.24 billion estimate on Wall Street, as well as provided the forecast of $2.29 per share, exceeding the Street's estimation of $2.27 per share In his remarks, Chief Executive Officer Gary Dickerson highlighted that Applied is a global leader in enabling semiconductor technology advancements, including AI and energy-efficient computing, which are mandatory for the company's material engineering capabilities. However, there is a problem: China, which once recorded a whopping 400% YOY growth, has seen its revenues drop 28%. There have been limits to exporting high technology equipment to Show less Read more
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