Why Intel Could Lose More Ground to AMD
Intel's (NASDAQ: INTC) fiscal 2020 first-quarter results were a tad disappointing as the chip giant withdrew its full-year guidance on account of the uncertainty caused by the novel coronavirus pandemic. Intel's guidance points toward a 12% increase in revenue and a 4% improvement in EPS, which pales in comparison to the prior quarter. This sharp drop-off means Intel may not be able to sustain its coronavirus-driven momentum.