Intel hits Q1 targets with revenue of $18.31B but falls short on Q2 estimates

<img width="578" height="264" src="https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?fit=578%2C264&strip=all" alt="Intel has a new brand for standalone graphics: Arc." loading="lazy" srcset="https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=1200&strip=all 1200w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=300&strip=all 300w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=768&strip=all 768w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=800&strip=all 800w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=400&strip=all 400w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=750&strip=all 750w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=578&strip=all 578w, https://venturebeat.com/wp-content/uploads/2022/03/intel-arc.jpg?w=930&strip=all 930w" sizes="(max-width: 578px) 100vw, 578px">Intel reported that its first-quarter revenues and profits were above expectations its forecasts for Q2 put a damper on the results. Read More