Intel Corp
INTC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Jy | LOCK|$>< | LOCK|MDg<@FF |
Intel Earnings: Relatively Strong, but Turnaround Risks Remain; $28 Fair Value Maintained
Intel reported third-quarter revenue of $13.7 billion, up 6% sequentially, up 3% year over year, and above the high end of guidance. Adjusted gross margin of 40% also exceeded guidance of 36%.
