Demand recovery may be short-lived! Intel (INTC.US) Q2 guidance falls far short of expectations, plans to implement a new round of layoffs.

According to the Wisdom Financial APP, on Thursday after the U.S. stock market closed, Intel (INTC.US) announced its first quarter financial report. The data shows that Intel's Q1 revenue was $12.7 billion, better than the market's expected $12.3 billion; loss per share was 19 cents, while the market had expected a loss of 22 cents per share. Intel has made a weak forecast for the second quarter's performance and stated that it will lay off employees to align costs with the business scale.