Yahoo Finance Live anchors discuss the decline in stock for Intel.
Few things went right for chip giant Intel (NASDAQ: INTC) in the fourth quarter. In the PC market, a dramatic tumble in demand that played out in the second half of 2022 transformed component shortages into gluts. Intel shipped PC central processing units (CPUs) at a rate that was about 10% below consumption throughout 2022, with that gap expanding in Q4 and expected to further widen in Q1 2023.
Today's video focuses on Intel's (NASDAQ: INTC) earnings report and how it might affect Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Is Intel's problem isolated, or should semiconductor investors be worried? Check out the short video to learn more, consider subscribing, and click the special offer link below.