HomeTechTechnologyINTC Financials 'Quite Dire,' Tech Turnaround Needed

INTC Financials 'Quite Dire,' Tech Turnaround Needed

Intel (INTC) reported high-single digit growth in its foundry and data center businesses, but George Tsilis thinks the company needs much more for a clean turnaround. A wide range in 2Q revenue guidance is a major concern to George, who points out the company's $50 billion debt. However, he believes Intel still offers quality technology, the company just needs a plan to stronger profitability.

Next Gen Investing

25 Apr 2025

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