The stock has fallen around 30% so far this year as Intel trails rival chip companies like Nvidia in producing advanced artificial intelligence (AI) chips and components. Intel forecast second-quarter revenue of $12.5 billion to $13.5 billion, compared with analysts' average estimate of $13.57 billion, according to LSEG data. Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories.
Q1 2024 Skechers USA Inc Earnings Call
Headaches for Co-op Arena became clear after capacity for a test event last Saturday was reduced with just hours’ notice.