Intel will release its financial report after hours on Thursday, with market attention focused on performance and layoff plans

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Intel will release its financial report after hours on Thursday, with analysts expecting Q2 adjusted earnings of 22 cents per share and revenue of $14.4 billion. Srini Pajjuri, an analyst at Bank of Canada, predicts that server CPU sales will maintain double-digit growth throughout the year. Intel plans to lay off employees in its data center division. The market is paying attention to the progress of cooperation between Intel and Apple. Apple and Intel have reached a preliminary agreement to have Intel manufacture some chips. On June 18th, President Trump announced that Apple has agreed to cooperate with Intel to design and manufacture chips in the United States.

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