Intel stock price slides nearly 14% after outlook miss; what traders watch next
New York, January 23, 2026, 09:42 (EST) — Regular session Intel Corp (INTC) saw its shares tumble 13.7% to $46.86 in early Friday trade, wiping out gains from a rally that had lifted the stock to a multi-year peak. The chipmaker had closed Thursday at $54.32. (MarketScreener) The drop halts a January surge that pushed Intel up about 47%, on top of last year’s 84% gain, as investors backed CEO Lip-Bu Tan’s turnaround strategy. They’ve also been watching for signs that Intel’s contract chipmaking efforts—foundry services for external clients—can attract new business. Tan mentioned two customers are testing “14A,” the