Intel Q1 Earnings Face Reality Check After 78% Stock Surge on AI CPU Hopes
Intel reports first-quarter earnings Thursday after a 70% stock surge this year. Analysts expect revenue of $12.42 billion, down 1.9%, and adjusted profit to fall nearly 90%. Data center and AI unit sales may rise 6.8% to $4.41 billion, but supply issues remain a concern. Investors are watching demand for AI server chips and progress in contract manufacturing.