Intel Corp. is expected to post its worst quarterly loss on record Thursday, and Wall Street is hoping it’s rock bottom for the struggling chip maker, just as analysts are forecasting a bottom and recovery for the glut-ridden sector to take hold by the end of the year.
Intel INTC is scheduled to report earnings after the close of markets on Thursday, and analysts on average expect the Silicon Valley giant to report a loss of more than $3 billion, or 76 cents a share, according to FactSet. That would be by far the largest quarterly…
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