Intel Corporation (NASDAQ: INTC) is set to release its Q2 earnings report on Wednesday, and owners of semiconductor stocks will be watching closely for an indication of what they can expect from the sector in coming months.
Benzinga compared the market’s reaction to Intel earnings over the past two years to the trading of semiconductor stocks in the quarter that followed to determine if Intel’s earnings are a predictor of things to come for chip makers. Here’s what was found.
Intel Numbers
First, a quick look at the market reactions to Intel’s last eight earnings reports shows that the reports have been a mixed bag for the chip maker. Earnings have ...
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