In an hour-long webinar Intel Corp. hosted for Wall Street analysts to provide updates on its contract manufacturing business, the company confirmed that it would be a long slog for investors.
Why... In an hour-long webinar Intel Corp. hosted for Wall Street analysts to provide updates on its contract manufacturing business, the company confirmed that it would be a long slog for investors. “I think there was hope they might announce a foundry customer,” said Stacy Rasgon, a Bernstein Research analyst, about why the shares fell on Wednesday. “I wasn’t really expecting it, but I think there was a hope. But they have to nail everything down first.”
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