On January 26, microprocessor giant Intel (NASDAQ:INTC) will report its financial results and provide financial guidance for the coming quarter and, likely, the entirety of 2017.
Although the company is planning to host its financial analyst day shortly thereafter, on February 9, during which the company will go into deeper dives into each of its business units, there are still several questions I’d like to hear answered during the company’s upcoming earnings call. Here are three.
Will the memory business be profitable this year?
Over the course of 2016, Intel’s non-volatile memory business — which builds and sells products based mainly on NAND flash and will soon begin shipping products based on its 3D XPoint technology — has lost a bunch of money.
A NAND flash-based solid-state drive. Image source: Intel.
The losses Intel has racked up here during the first three quarters of 2016 are $453 million, with more losses likely on the way during the fourth quarter.
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- [By Lisa Levin]
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Best High Tech Stocks To Buy Right Now: BioAmber Inc.(BIOA)
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- [By WWW.KIPLINGER.COM]
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