Report
Abhinav Davuluri
EUR 147.86 For Business Accounts Only

Intel's Strong Third-Quarter Results Overshadowed By Weaker-Than-Expected Forward Guidance

Following a fleeting recovery in the PC space during Intel’s third quarter, the firm’s forward guidance implied a reversion to the weakness to which we have become accustomed. Coupled with persistent declines in data center-related enterprise spending, the company’s solid quarterly results failed to assuage investors, as shares fell considerably during after-hours trading. We continue to forecast a secular decline in PCs in the low-single digits, offset by growth in the data center, but it appea...
Underlying
Intel Corporation

Intel is a data-centric company. The company's operating segments are: Data Center Group, which develops platforms for compute, storage, and network functions; Internet of Things Group, which facilitates its customers creating, storing, and processing data; Mobileye, which provides assistance and automation solutions; Non-Volatile Memory Solutions Group, which provides memory and storage products based on Intel? Optane? technology and Intel? 3D NAND technology; Programmable Solutions Group, which provides programmable semiconductors; and Client Computing Group, which connects people to data, allowing each person to focus, create, and engage in ways that unlock their individual potential.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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