1834 ET [Dow Jones]--Intel CFO David Zinsner says on a call with analysts that the company's 1Q revenue benefited from consumers rushing to purchase goods before tariffs send prices higher. "We will certainly see costs increase and we feel it prudent to anticipate" a contraction, he says. "The biggest risk we see is the impact of a potential pullback in investment and spending as business and consumers react to higher costs in the uncertain economic backdrop." As a result of uncertainty stemming from tariffs, Intel issues a wider-than-typical 2Q outlook, which missed Wall Street's expectations. Shares fall 4.9%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 18:38 ET (22:38 GMT)

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