Intel stock sinks in premarket after weak outlook; AI data-center supply crunch bites
New York, Jan 23, 2026, 06:07 (EST) — Premarket Intel (INTC.O) shares tumbled about 12% in premarket trading Friday after the chipmaker’s forecast missed expectations, pulling back from a recent surge. If the decline sticks, Intel would lose roughly $31 billion in market value. Bernstein analysts slammed the outlook, saying the company “woefully misjudged” the server cycle. (Reuters) The warning…