MarketWatch First Take: Intel may have hit bottom, but Wall Street remains concerned about its margins

After reporting its worst quarterly loss ever, Intel Corp. said there will be somewhat of a bounce-back in the second half, as the chip inventories at its customers get used up.

On Thursday, the chip giant reported a net loss of $2.76 billion, or 66 cents a share, versus net income of $8.11 billion, or $1.98 a share. Revenue fell 36.19% to $11.71 billion, with PC sales down 38% and the data-center group down 39%.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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