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Intel reported a massive decrease in revenue when it reported its latest quarterly financial update.
Intel's (INTC -2.94%) decline follows the period early in the pandemic when sales were booming. Finance professor and Fool.com contributor Parkev Tatevosian discusses two primary reasons for Intel's falling sales.
*Stock prices used were the afternoon prices of April 29, 2023. The video was published on May. 1, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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