Intel (INTC) Stock: Falls as Foundry Struggles and Weak Guidance Weigh on Shares

TLDR Intel stock dropped 1.3% to $46.18 Tuesday, extending a 7% slide over the past week. Q4 EPS of $0.15 beat estimates, but revenue fell 4.2% year-over-year to $13.67 billion. Foundry yields sit at 55–65%, well below the 80–90% industry standard, with $12 billion in losses from 2021–2023. Wall Street consensus is “Reduce” with an [...]

The post Intel (INTC) Stock: Falls as Foundry Struggles and Weak Guidance Weigh on Shares appeared first on Blockonomi.