The 2021 forecast of $73.5 billion in adjusted sales was higher than Wall Street expectations, appeared driven by a strong second quarter ended June 26 and a modestly better-than-expected third-quarter, implying a weak fourth quarter. The results sent shares down 2.8% in after-hours trading after the results.
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Friday, July 23, 2021
Intel sales forecast implies rocky second half of 2021 amid supply constraints
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