The 40%- Intel Signals the Recession

Intel reports not only a weak 2022 but expects revenues in Q1 2023 to be down a MONSTROUSLY BEARISH 40% from Q1 2022 as well as a more than 20% drop from the just reported Q4 2022! Such an unexpectedly severe drop on the part of such a critical leader of American technology as Intel means the US has entered recession. The recent bounce in the stock mark…