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Market Update

Earnings on Tap: Intel

Declining PC shipments worldwide may turn out to be Intel's biggest threat.

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Chipmaker  Intel (INTC) is set to report reduced earnings when it posts second-quarter results after Wednesday's closing bell. Wall Street analysts expect earnings of $0.39 per share, matching the company's own estimates, compared with $0.54 in the same quarter last year.

Investors will be keen to hear from Intel's new CEO Brian Krzanich who was elevated to the post in May after long-serving chief Paul Otellini gave notice last November.

Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.