Jim Cramer on Intel: “I Do Believe That Lip-Bu Can Fix What’s Ailing the Company”

Last night, Intel reported a decent capable 4th but offered distinctly suboptimal guidance for the existent quarter, which it said was wholly due to the fact that of the CPU shortage. Remember, thing that goes into a PC oregon server is successful abbreviated supply, acknowledgment to the information halfway boom. So Intel can’t marque capable CPUs to genuinely nett from the shortage. They planned wrong. They were caught unawares. It happens, but that’s wherefore the banal got obliterated today, down 17%.

Photo by Slejven Djurakovic connected Unsplash

Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms.

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