Intel further chips away at stock indices – disappointing Q3 earnings guidance

Intel beat for Q2:
– Earning: $1.19 /share, adjusted, (vs. $1.11 expected) by analysts, according to Refinitiv.
– Revenue $19.73 bn ($18.55 bn expected)
On their guidance, though, $1.10 in earnings per share ahead for Q3 ($1.14 expected)