Intel is expected to report strong second-quarter profits, but analysis suggests that even impressive results may not be enough to reverse the downward trend in its stock price in July. Intel's stock price has fallen by about 28% this month, making it one of the 10 worst performing stocks in the S&P 500 index. Previously, the stock soared 278% in the first half of the year. The Philadelphia Stock Exchange semiconductor index also fell about 14% this month, reflecting investors' enthusiasm for chipmakers waning. Wall Street generally expects Intel's second-quarter revenue to increase 12% year over year to 14.4 billion US dollars, with earnings per share of 12 cents, reversing the loss of 67 cents per share in the same period last year. Gross margin is expected to rise to about 39% from nearly 30% in the same period last year. Wedbush Securities analyst Matt Bryson pointed out that current stock price fluctuations are more the result of changes in market sentiment than actual changes in profitability. “It's not that Intel hasn't progressed; it's just that it's not progressing as fast as its stock price has risen before.”

Intel is expected to report strong second-quarter profits, but analysis suggests that even impressive results may not be enough to reverse the downward trend in its stock price in July. Intel's stock price has fallen by about 28% this month, making it one of the 10 worst performing stocks in the S&P 500 index. Previously, the stock soared 278% in the first half of the year. The Philadelphia Stock Exchange semiconductor index also fell about 14% this month, reflecting investors' enthusiasm for chipmakers waning. Wall Street generally expects Intel's second-quarter revenue to increase 12% year over year to 14.4 billion US dollars, with earnings per share of 12 cents, reversing the loss of 67 cents per share in the same period last year. Gross margin is expected to rise to about 39% from nearly 30% in the same period last year. Wedbush Securities analyst Matt Bryson pointed out that current stock price fluctuations are more the result of changes in market sentiment than actual changes in profitability. “It's not that Intel hasn't progressed; it's just that it's not progressing as fast as its stock price has risen before.”