🔴 Intel is trading 13.3% down today after weak Q1 2026 guidance and manufacturing challenges

INTC is trading at $47.11, down 13.3%, following its fourth-quarter earnings release which included dismal first-quarter guidance.

• The company issued Q1 guidance of $11.7-$12.7 billion (below the $12.51 billion consensus midpoint) and projected a loss of $0.21 per share.
• CEO Lip-Bu Tan acknowledged persistent manufacturing problems and supply shortages that could extend into 2026, stating the company cannot fully meet market demand.
• The lack of major customer announcements for the 14A chip fabrication process further disappointed investors concerned about Intel's competitive position in AI chips.