Are Intel's Fortunes About to Turn Around?
Intel (NASDAQ: INTC) has let investors down over the past year as intense competition from the likes of Advanced Micro Devices (NASDAQ: AMD) has hamstrung the chip giant. Chipzilla's shares have severely underperformed the broader PHLX Semiconductor Sector Index, which has gained impressively amid a global boom in chip demand.
Investors will be hoping for a turnaround in Intel's fortunes when it reports its second-quarter results on Thursday, July 22. After all, the company has shown in recent months that it is capable of putting up a fight against rivals that have been chipping away at its huge market share in PCs and data centers. But can Intel deliver? Let's find out.
Source Fool.com