“Breakeven Sometime in 2027”: Intel Stock (NASDAQ:INTC) Slumps on New Pessimistic Foundry Forecast

tipranks.com/news/breakeven-sometime-in-2027-intel-stock-nasdaqintc-slumps-on-new-pessimistic-foundry-forecast

Things were looking pretty good for chip stock Intel (INTC) for a while there, but it managed to snatch defeat from the jaws of victory with the latest word from chief financial officer David Zinsner. Zinsner offered a remarkably pessimistic forecast for Intel’s foundry operations, and…

This story appeared on tipranks.com, 2025-05-15 03:49:55.401000.
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