Intel suffers worst decline in 17 months
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Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.
Over the last year, Intel shares have rallied more than double on hopes of a turnaround for the embattled American chipmaker.
Intel's weak guidance sent the stock lower. But Direxion's Ryan Lee sees buying opportunity in leveraged ETFs like LINT, despite sell-off.
Intel’s first quarter guidance for both revenue and earnings failed to meet Wall Street’s expectations
Intel Corp. stock is rated a Sell due to material overvaluation despite recent strong price performance and government backing. Click for more on INTC earnings.
Intel Corp (INTC) reports strong financial performance and technological advancements, while addressing supply constraints and strategic growth plans.
For the current quarter, Intel said it’s looking for breakeven earnings-per-share and revenue of between $11.7 billion and $12.7 billion. Both numbers came in below the Street’s forecast, which calls for earnings of five cents per share on sales of $12.51 billion.
Shares fell 13% on weak Q1 guidance as manufacturing yields limit AI chip supply despite strong demand and Q4 revenue beat.
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.
Q4 beat but Q1 guidance weak. Explore 2nm progress, AI PC targets, foundry yields, and 2030 margin goals. Click for this INTC update.
Intel Corp. shares plunged about 13% in premarket trading after Chief Executive Officer Lip-Bu Tan gave a lackluster forecast and warned that the chipmaker was struggling with manufacturing problems.