After yet another set of weak earnings results from Intel, which sent the shares down by 9.4% today, investment bank JPMorgan warns that the firm might face headwinds in the second half due to order pullback from tariffs. Intel's earnings report saw the firm beat consensus analyst estimates of $11.9 billion through its $12.9 billion in revenue but miss EPS estimates of $0.01 through a $0.01 loss. Intel's shares didn't fare well as the firm announced that it would layoff 30% of its workforce for further cost reduction and streamlining. JPMorgan Isn't Convinced About The Speed Of Intel's Turnaround Heading […]
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