INTC Financials 'Quite Dire,' Tech Turnaround Needed
Schwab Network · Schwab Network
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Show Notes
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.
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