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Intel earnings will be more about the future than the past

Intel earnings will be more about the future than the past

Intel Corp. earnings will be more about the future than holiday-season results: It’ll all be about cold, hard cash, preserving its flow, and whether the company will maintain its rank as the dividend king among U.S. chip makers. Intel (INTC) is scheduled to report results after the closing bell on Thursday, and those results are expected to be poor as the PC industry tries to recover from a record free fall in shipments, with profit expected to decline more than 80%. Instead, Wall Street is focusing on how Intel executives see the year ahead given their overly optimistic annual guidance last year, with special attention to how much cash flow Intel expects to generate in 2023, as analysts wonder if Intel’s dividend is safe.