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.
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 just beat expectations with its latest results but came up short with its forecast as a supply crunch grips the chip sector.
Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
After months of riding positive vibes, the troubled chip maker reminded investors why it needed a rescue in the first place.
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,
Intel reported earnings that beat estimates, but flagged issue with manufacturing that weighed on the outlook for coming quarters.
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
By Arsheeya Bajwa and Max A. Cherney Jan 22 (Reuters) - Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates,
In fact, Rasgon only rated Intel stock "market perform" and declined to upgrade it. But here's the thing: Rasgon isn't the only Wall Street analyst talking about Intel today.
Intel’s momentum reflects optimism about AI and manufacturing efforts, but analysts say earnings could underscore some challenges as well.
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.