Intel earnings are out Thursday. What Wall Street is expecting to see

Intel earnings due after Thursday's close have a high bar to beat, particularly after a handful of large investments have shored up the the once beaten-down chipmaker. While some analysts are sticking by the company, many see worse days ahead for the stock. Intel shares have soared nearly 28% over the past month, putting its year-to-date gain at about 87%. The rally followed the Trump administration's decision in August to take a 10% stake in Intel, negotiating an $8.9 billion investment through the purchase of 433.3 million shares at $20.47 per share. As the only American company capable of making advanced chips in the U.S., Intel already had received a flurry of government investments, including $2.2 billion from CHIPS grants, with the company set to receive another $5.7 billion. Investm