Intel stock price plunges premarket after weak outlook flags AI server chip supply squeeze
New York, Jan 23, 2026, 09:10 EST — Premarket Intel Corp shares dropped nearly 12% in premarket trading Friday, after the chipmaker’s forecast missed estimates and it warned of supply bottlenecks hindering its recovery. If the decline sticks, Intel would lose roughly $31 billion in market value, wiping out gains from a 47% jump this January and an 84% surge in 2025.