- Intel stock plunged after the chipmaker issued lackluster guidance and warned of a supply shortage.
- Over the last year, shares have rallied on hopes of a turnaround as the chipmaker received investments from the U.S. government, SoftBank and Nvidia.
- Investors are looking for progress on foundry customers as the next momentum mover for the stock.
Intel
shares plunged 17% on Friday after the chipmaker issued lackluster guidance and warned of a supply shortage.
The stock notched its worst day since August 2024.
During a fourth-quarter earnings call with analysts Thursday, CEO Lip-Bu Tan said the company wouldn’t be able to meet full demand for its products. He said production efficiency, or yield, is also below his targets.
“We are on a multiyear journey,” he said. “It will take time and resolve.”
The chipmaker expects first-quarter revenue to range between $11.7 billion and $12.7 billion, and adjusted earnings per share to break even. That was below LSEG expectations for earnings of 5 cents per share and $12.51 billion in revenue.
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https://www.cnbc.com/2026/01/23/intel-stock-earnings-q4-2025-supply.html