INTEL AFTER THE BELL
Top global chip maker Intel will report earnings on Tuesday and investors are keeping fingers crossed that the firm provides signs of market stabilization. Although that might sound like pie in the sky because of the economy, it’s actually not. Intel said in February that some predictability was returning to demand.
As you may know, many investors watch Intel closely and consider their results a proxy for the overall health of the industry. That because Intel's chips serve as the nerve center for a wide range of computers and if sales show strength it could mean there will be strength in other areas of the tech.