Intel's Revenue Forecast Misses Expectations Amid Supply Constraints
Intel's Q1 revenue and profit forecasts fall short due to supply issues, despite strong AI chip demand and recent investments. Shares drop 10%.
Insights:
Intel Corporation announced its first-quarter revenue and profit forecasts, revealing figures that fell short of Wall Street expectations. The company's projected revenue between $11.7 billion and $12.7 billion is below the analyst consensus of $12.51 billion. Additionally, Intel forecasts adjusted earnings per share at breakeven, compared to expectations of 5 cents per share. This announcement led to a 10% drop in Intel's shares during after-hours trading, despite a 40% rise in the past month and an impressive 84% gain in 2025.
