(Finance) – It moves at a loss Intel showing a decrease of 8.42% on the previous values.
The semiconductor group revised down its fiscal 2022 sales estimate to $ 65-68 billion from $ 76 billion in previous guidance.
Intel ended the second quarter with revenue of $ 15.3 billion, down 22% year-on-year, missing the consensus estimate of $ 17.9 billion. Quarterly earnings per share are $ 0.29 less than the market’s expected $ 0.69 per share.
The scenario on a weekly basis of the leading chip maker detects a slackening of the curve with respect to the force expressed by the Dow Jones. This withdrawal could make the title subject to sales by operators.
In the short run, Intel has an improving structure, with a resistance area seen at USD 36.83 and support at 35.57. Operating levels indicate a widening of the curve from yesterday’s highs, with prices likely to push up to the important resistance area estimated at 38.09.