Intel Beat Earnings by $1.7 Billion and Fell 11% as Cramer Turned Bullish

BeInCrypto Editorial

(08:40 PM UTC)

1 min read

Intel beat revenue forecasts by $1.7 billion and posted its best growth in over fifteen years. The stock fell 11% anyway.

AMD had good news of its own and fell 5.5% too. When both drop at once, the cause is usually money leaving the sector.

Intel and AMD Stock Performances. Source: TradingView

Intel Stock Fell Through Its Own Earnings Beat

Intel reported revenue of $16.1 billion, up 25%.…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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