Intel stock falls about 28% on weak Q4 outlook, cutting roughly $12B from US government stake
Intel shares fell about 28% on Friday, one of their worst days ever, after the company guided to weaker-than-expected fourth-quarter results. The drop cut roughly $12 billion from the value of the US government's 10% stake, per CNBC as cited by the article. Nvidia, which also took a large stake in 2025, saw a smaller decline. The selloff hit much of the tech sector, especially chipmakers. This is business and market news with no direct cyber threat component.
Detalhes técnicos
- Intel guided Q4 revenue of $15B-$16B against analyst expectations of about $17B.
- Gross margin is expected to fall to 37% from 43%, with no positive cash flow expected because of heavy investment.
- CEO Lip-Bu Tan said customers signaled a PC slowdown driven by memory prices and availability, as AI demand absorbs memory and other components.
- Data center revenue grew 78% year over year.
- One new Arizona fab is operational, but the next is not expected until 2028. Intel competes with TSMC for external foundry customers.
- Despite the drop, the stock is still up more than 70% for the year.
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Intel stock falls about 28% on weak Q4 outlook, cutting roughly $12B from US government stake
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Intel shares fell about 28% on Friday, one of their worst days ever, after the company guided to weaker-than-expected fourth-quarter results. The drop cut roughly $12 billion from the value of the US government's 10% stake, per CNBC as cited by the article. Nvidia, which also took a large stake in 2025, saw a smaller decline. The selloff hit much of the tech sector, especially chipmakers. This is business and market news with no direct cyber threat component.
Technical Details
- Intel guided Q4 revenue of $15B-$16B against analyst expectations of about $17B.
- Gross margin is expected to fall to 37% from 43%, with no positive cash flow expected because of heavy investment.
- CEO Lip-Bu Tan said customers signaled a PC slowdown driven by memory prices and availability, as AI demand absorbs memory and other components.
- Data center revenue grew 78% year over year.
- One new Arizona fab is operational, but the next is not expected until 2028. Intel competes with TSMC for external foundry customers.
- Despite the drop, the stock is still up more than 70% for the year.