Intel suffers worst decline in 17 months
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Intel stock plunges
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Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.
Here’s what could be next for Intel stock.
4hon MSN
Why Intel Stock Crashed Today
Investors are taking profits after the popular tech stock's recent run-up.
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Intel shares tumbled Friday after the chipmaker's outlook disappointed, erasing much of the stock's gains over the past few weeks. Wall Street analysts suggested some of the investor enthusiasm behind the stock's recent rally may have been premature.
Shares fell 13% on weak Q1 guidance as manufacturing yields limit AI chip supply despite strong demand and Q4 revenue beat.
After a big recent run up, Intel shares are taking a breather in Thursday's extended session, down about 5%. The company's latest guidance underwhelmed, with Intel unable to meet all its demand. Expectations were also high heading into the report,