In some ways, Intel Corp. is a much different company than it was last time it reported earnings. The company has amassed a string of multibillion-dollar investments that can be seen as a vote of confidence in its business. It also has a new product partnership with Nvidia Corp.

But in other ways, things haven’t changed much for Intel

INTC. The company’s business is still faltering, and analysts expect another quarter of essentially stagnant revenue growth when Intel posts results on Thursday afternoon. While new investors are putting their financial might behind Intel, the company still faces challenges with its technology.