30 Intel crashes as Q2 results, guidance miss expectations; lays off 15% of staff (seekingalpha.com) posted 139 days ago by UnvaxxedUnafraid 139 days ago by UnvaxxedUnafraid +30 / -0 Intel crashes as Q2 results, guidance miss expectations; lays off 15% of staff (INTC) Intel (INTC) shares crashed after the company reported weak second-quarter results, guidance and said it would cut 15% of its staff and suspend its dividend. Read for more. 3 comments share 3 comments share save hide report block hide replies
Wouldn't doubt a lot has to do with their disastrous 13/14 gen CPUs that have a 50% rate of frying. And the fact they aren't even doing a recall, might be a good part of this.