After the excitement of Wednesday evening’s earnings bananas, today’s will be a bit of a dud. The only notable report is from washed-up has-been semiconductor maker Intel (INTC). Back in the 1990s, this was truly the NVDA of its time.
Since 2000, however, they’ve been a total train wreck. To be a high-tech stock UNCHANGED in price since early 1999 is pretty damned impossible, but Intel managed to pull it off.
For a solid year, INTC has been banging around a tight little range in the middle 20s. I daresay tonight’s report will be a snooze-fest, but we shall soon see!
