Intel's Core Ultra laptop chip is hot. So says Intel CEO Pat Gelsinger. No not that kind of hot, but instead selling like hotcakes, apparently. Despite that Intel's latest forecasts were below expectations as the firm continues the battle to turn its fortunes around.
During its latest earnings call (via Seeking Alpha) with analysts, Intel said it expects revenues for the next quarter to hit around $12.5B to $13.5B, lower than the $13.61B the investment analyst community was expecting. And those analysts get terribly grumpy whenever a company underperforms expectations.
