Intel expects Q2 revenue to be “below the midpoint” of the previously guided $12.5B to $13.5B range after a new US ban on Huawei chip exports (Lynn Doan/Bloomberg)

Posted on May 8, 2024
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Lynn Doan / Bloomberg:
Intel expects Q2 revenue to be “below the midpoint” of the previously guided $12.5B to $13.5B range after a new US ban on Huawei chip exports — Intel Corp. expects second-quarter revenue to fall below the midpoint of previously issued projections because of a new US ban on chip exports to Huawei Technologies Co.

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