On April 25, Angelo Zino, an analyst at CFRA Research, said in a report that Intel’s (INTC.O) outlook for the second quarter was disappointing. But in the latest earnings report, the chipmaker’s aggressive cost-cutting measures, including limiting capital expenditures and operating expenses such as marketing and R&D, are in focus. “While we applaud Intel’s increased cost-cutting efforts, the loss of market share is a concern, and Intel’s planned 18A process in the second half of the year will be critical,” Zino wrote. “We believe that Intel is still in a difficult position because the competitive pressures in the PC and server markets are only going to intensify, and in our view, Intel lacks the right products to compete successfully.”
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