Dec. 7, 2022 /SemiMedia/ -- According to reports, Intel CFO David Zinner mentioned in a recent interview that the customer's inventory digestion may not end at the end of this year and may continue to 2023.
Zinner pointed out that Intel was not sure whether the semiconductor industry would recover in the first quarter of 2023 in view of the global economic downturn. Intel is still coping with customers' inventory digestion, which may not end at the end of this year, but will last until next year.
According to Zinner's statement, analysts believe that Intel's performance in the first quarter of next year may be about 5% lower than expected, and its gross profit margin and profit may be lower than expected.
