Intel is headed into Q1 earnings on April 23 after a sharp 60% run-up from the start of the month, suggesting strong investor positioning ahead of the print. Consensus expects $12.42 billion in revenue, which would still imply a 2.2% year-over-year decline. The article is more about pre-earnings price momentum and expectations than a new fundamental catalyst.
Intel is headed into Q1 earnings on April 23 after a sharp 60% run-up from the start of the month, suggesting strong investor positioning ahead of the print. Consensus expects $12.42 billion in revenue, which would still imply a 2.2% year-over-year decline. The article is more about pre-earnings price momentum and expectations than a new fundamental catalyst.
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