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04/23/20 6:51 PM

#54700 RE: Mcfish #54699

Intel said it sees strong data-center demand in the first half of the year, and expects weak enterprise and government demand in the second half of the year.

“We expect that demand for the cloud folks, the strong demand, to continue and possibly even going into the second half of the year,” said Bob Swan, Intel chief executive, on the conference call. “That’s a TBD, but the trends are relatively encouraging. The demand signals are very high.”

https://www.marketwatch.com/story/intel-stock-sinks-as-boom-in-earnings-is-not-expected-to-last-2020-04-23?mod=mw_quote_news