28 October 2022 | Other

Intel downgrades the forecast for the financial year 2022

Intel downgrades its 2022 forecast for the second time. In the first quarter, one share brought in $0.59 in profit. This is more than the estimated $0.34. Revenue was below the $15.43 billion forecast.

According to Intel CEO Pat Gelsinger, the company has achieved a positive result despite the difficult situation in the economy. Product quality and process speed also improved during the quarter. The company is optimizing production and improving the quality of work processes to prepare for this cycle. The main goal is to accelerate the IDM 2.0 flywheel.

Intel lowered its forecast for 2022. Earnings per share are expected to be $1.95 ($0.35 less than the previous forecast) and revenue is expected near $63-64 billion ($2-4 billion less than the previous forecast).



Company MarketCheese
Gold buy
Period: 31.01.2026 Expectation: 150 pips
Buying gold on dips with $4,500 target
30 December 2025 389
Period: 06.01.2026 Expectation: 2900 pips
Tesla stock selloff on forecasts of declining deliveries and earnings
30 December 2025 166
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 16.01.2026 Expectation: 1000 pips
AUDUSD is consolidating ahead of renewed upside
30 December 2025 165
Period: 06.01.2026 Expectation: 3125 pips
Selling BTCUSD due to lack of momentum after December consolidation
30 December 2025 108
Period: 15.01.2026 Expectation: 100 pips
Investing in SPX from $6,870
30 December 2025 129
Period: 09.01.2026 Expectation: 7500 pips
Silver rally stalls as prices push past $80
29 December 2025 196
Go to forecasts