Intel shares plummet after Q2 miss, job cuts, weak guidance
3:02
YahooYahoo Finance Video
Intel shares plummet after Q2 miss, job cuts, weak guidance
Intel (INTC) shares plummeted after posting second quarter results that missed estimates on both the top and bottom lines, providing weak Q3 guidance, and announced it's slashing 15,000 jobs and suspending the dividend. CEO Pat Gelsinger spoke with Yahoo Finance about the restructuring, saying Intel is taking \"decisive steps\" as they work to ...
117.4K viewsAug 2, 2024
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