Intel INTC is set to release its Q1 fiscal 2020 earnings results on Thursday, April 23. That means it’s time to see what investors should expect from Intel amid the coronavirus, with its stock now up over 23% since March 23.
The Quick Story
Intel is the largest semiconductor company in the U.S. by revenue and it’s coming off a strong fourth quarter that was driven by data-center and PC demand. The historic chip powerhouse also upped its guidance and noted that it is set to benefit from the on-going expansion of cloud computing, big data, and more.
INTC, like the broader chip space, is poised to expand as part of the broader tech revolution that semiconductors support. “In 2019, we gained share in an expanded addressable