Intel (INTC) Stock: Why Shares Crashed 13% After Earnings Despite Revenue Win

TLDR Intel shares plummeted 13% in extended trading after issuing disappointing first-quarter guidance Manufacturing yield problems prevent Intel from meeting strong demand for AI server processors Q1 revenue forecast of $11.7-12.7 billion fell short of the $12.51 billion analyst consensus The company’s 18A production technology yields remain below CEO targets despite monthly improvements Intel posted [...]

The post Intel (INTC) Stock: Why Shares Crashed 13% After Earnings Despite Revenue Win appeared first on Blockonomi.