Intel reported Q4 revenue of $13.7 billion (down 4% YoY) but issued disappointing Q1 guidance, projecting revenue between $11.7 billion and $12.7 billion and breakeven adjusted EPS, both falling short of analyst expectations due to ongoing chip supply constraints.
- Data Center and AI revenue showed strength, rising 9% to $4.7 billion, while the Client Computing Group revenue fell 7%.
- The Foundry business grew 4% to $4.5 billion in revenue but recorded a substantial $2.5 billion operating loss.
- The stock is currently trading at $47.85, down 1.90%, following the release of the results and weak guidance.