Intel Stock Falls
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Over the last year, Intel shares have rallied more than double on hopes of a turnaround for the embattled American chipmaker.
After months of riding positive vibes, the troubled chip maker reminded investors why it needed a rescue in the first place.
Intel just beat expectations with its latest results but came up short with its forecast as a supply crunch grips the chip sector.
Intel shares slid nearly 16% Friday morning, a day after the chipmaker told investors it hadn’t allocated enough production capacity to meet booming demand from data centers. “Revenue would have been meaningfully higher if we had more supply,
The troubled chip maker has seen its shares rise with AI demand and new investors, but revenue sagged 3.9% year-over-year to $13.7 billion.
Intel reported earnings that beat estimates, but flagged issue with manufacturing that weighed on the outlook for coming quarters.
Intel said it should announce customers for its upcoming manufacturing process, 14A — which has been developed with the hopes of drawing in big deals — during the second half of 2026 or the first half of 2027. Even so, Lee noted that revenue from those deals wouldn’t show up in its financial statements until 2028 or 2029.
Intel is on pace for its worst selloff in nearly 18 months. The stock’s recent run had put the struggling chip maker in a difficult position. Intel was down nearly 17% Friday. The selloff came after t
After a big recent run up, Intel shares are taking a breather in Thursday's extended session, down about 5%. The company's latest guidance underwhelmed, with Intel unable to meet all its demand. Expectations were also high heading into the report,
Intel is an essential name to the U.S. economy and the "Soprano-like" equity ownership by the government makes me want to own this company for the long haul.