Intel Results Encouraging, Questions Remain: CFRA’s Zino

Angelo Zino, equity analyst at CFRA, reacts to Intel’s third-quarter earnings and forecast on “Bloomberg The Close.” Intel said fourth-quarter sales will be $12.8 billion to $13.8 billion. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate. He speaks on “Bloomberg The Close.”