‘We believe that we are at the bottom’

‘We believe that we are at the bottom’

Intel CEO Pat Gelsinger says things are unlikely to get worse at the company than the surprising challenges seen in a disappointing second quarter.

“We believe that we are at the bottom,” Gelsinger said on Yahoo Finance Live on Friday (video above). “We have said that very plainly, that we are below the shipping rates of our customers. So we see that building back naturally. Also as we go into the second half you have some of the natural cycles like holidays as well. So all of those give us…


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