{"id":14743,"date":"2024-04-30T23:20:13","date_gmt":"2024-04-30T17:50:13","guid":{"rendered":"https:\/\/bigbreakingwire.in\/intels-april-plunge-worst-month-in-two-decades-sparks-doubts-despite-future-revenue-hopes\/"},"modified":"2024-04-30T23:20:13","modified_gmt":"2024-04-30T17:50:13","slug":"intels-april-plunge-worst-month-in-two-decades-sparks-doubts-despite-future-revenue-hopes","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/intels-april-plunge-worst-month-in-two-decades-sparks-doubts-despite-future-revenue-hopes\/","title":{"rendered":"Intel’s April Plunge: Worst Month in Two Decades Sparks Doubts Despite Future Revenue Hopes"},"content":{"rendered":"
<\/div>\n

Intel Corporation faced its most challenging month in over twenty years, enduring a drastic drop in share value exceeding 30% throughout April. This downturn represents the most significant decline since June 2002.

Despite these formidable obstacles, forecasts suggest potential revenue growth for Intel in 2024. This positive outlook follows a disheartening projection for the company’s factory operations earlier in the same month.

Analysts maintain a skeptical stance on Intel’s ability to stage a turnaround. They rank the company as one of the least favored stocks within the chip industry, with fewer than one-fourth of analysts recommending it as a buy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Intel Corporation faced its most challenging month in over twenty years, enduring a drastic drop in share value exceeding 30% throughout April. This downturn represents…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[618,620,616,619,1],"tags":[2087,3885,3891,3884,2016,3888,1559,1045,3316,1389,2067,3889,3892,3890,3887,3886],"class_list":["post-14743","post","type-post","status-publish","format-standard","hentry","category-brokerage-reports","category-ipo","category-stock-in-news","category-stocks-in-news","category-tech","tag-analysts","tag-april","tag-chip-industry","tag-corporation","tag-decline","tag-factory-operations","tag-forecast","tag-intel","tag-plunge","tag-revenue-growth","tag-shares","tag-skeptical","tag-stock-recommendation","tag-turnaround","tag-two-decades","tag-worst-month","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-3PN","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/14743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=14743"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/14743\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=14743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=14743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=14743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}