Despite Swan's comments, Intel shares slipped after hours on Wednesday. Wedbush analyst Joel Kulina pointed to Intel's projection of low-single digit percentage growth in the next three years as a possible reason why.
Analyst Patrick Moorhead of Moor Insights and Strategy said the Intel CEO's show of humility was not surprising, given Swan's past role as the chipmaker's chief financial officer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: