Will Intel Hit Its Mobile Goal?
The following video is from Friday's Investor Beat, in which host Chris Hill and Motley Fool analyst Ron Gross take a deep dive into the biggest investing stories of the day.
Despite taking in profits of $2.6 billion in Q4, shares of Intel fell on Friday. In this segment, Ron discusses why weak results coming in from Intel's data center business led to a selloff, despite some good news that there were signs that the PC business was stabilizing after such a long period of constant decline. Ron also tells investors why he sees this as a blip, and why he still likes the stock long-term as it casts an eye to some very ambitious goals in mobile.
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The article Will Intel Hit Its Mobile Goal? originally appeared on Fool.com.Chris Hill and Ron Gross have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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