Intel Corp. will release second-quarter results after U.S. markets close on 24 July, a report investors view as a test of new Chief Executive Officer Lip-Bu Tan’s turnaround strategy for the struggling chipmaker. Analysts polled by Bloomberg expect adjusted earnings of $0.01 per share on revenue of about $11.9 billion, down from $0.02 and $12.8 billion a year earlier. The projections underline continuing pressure on Intel’s core PC and data-center business as competition from Nvidia and Qualcomm intensifies. Shares finished the previous session at $23.49, trimming the stock’s 12-month decline to 29%.