Intel Corp. had two basic questions to answer at its long-awaited analyst meeting Thursday: How bad? And for how long?
A hint about the first one came in the chip maker’s third-quarter report nearly four months ago, when Chief Executive Officer Pat Gelsinger warned that Intel’s gross margins would fall into the 51%-53% range as the company races to catch up its manufacturing technology while also building a new foundry business that makes chips designed by others companies.