Intel stock dives 17% after forecast miss as AI supply worries return — what to watch next
Intel shares plunged 17.3% to $44.94 Friday after the company issued a weak first-quarter outlook and flagged supply constraints for AI data-center chips. Fourth-quarter revenue reached $13.7 billion, with adjusted earnings of 15 cents per share. Intel expects Q1 revenue between $11.7 billion and $12.7 billion and a break-even adjusted profit. CEO Lip-Bu Tan cited ongoing yield and capacity issues.