Intel (INTC -6.56%) stock is seeing big sell-offs Friday following the company's first-quarter report. The company's share price was down 7% as of 2:45 p.m.
U.S. equities were mixed at midday as the markets continued to weigh the potential impact of tariffs. The Nasdaq gained and the Dow Jones Industrial Average and S&P 500 fell.
Shares of Intel Corp (NASDAQ:INTC, ETR:INL) lost nearly 7.3% on Friday after the chipmaker offered a disappointing revenue outlook for the second quarter, triggering a flurry of analyst downgrades and warnings about the company's multi-year turnaround. Despite beating expectations for the first quarter, Intel forecast second-quarter revenue of $11.8 billion, falling short of analysts' estimates and raising fresh concerns over macroeconomic uncertainty, tariff headwinds, and persistent margin pressure.
Intel beats first-quarter earnings and revenue estimates but offers a downbeat outlook for the ongoing quarter.
Solid traction from an accelerated ramp-up of AI PCs helped INTC to beat first-quarter 2025 earnings estimates.
Jenny Horne dives into Alphabet (GOOGL) earnings after the tech giant reported an earnings beat and strong growth in its Google Cloud segment. Then, she turns her attention to Intel (INTC) as shares waver after the company's guidance comes in below estimates.
Yesterday was an eventful day for shareholders and employees of Intel Corp. The American chipmaker reported its Q1 2025 results while its new CEO, Lip-Bu Tan, confirmed earlier reports that Intel would be laying off employees. Here's what you need to know about those layoffs and the latest movement in Intel's stock price.
Intel's earnings for Q1 2025 were announced, and INTC stock sold off. This is because the guidance offered was weak, and revised down from previous expectations. However, there are other metrics in which Intel was impressive, and that management is making positive progress towards its goals.
Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.
In this video, I will cover Intel's (INTC 4.44%) recent earnings and management comments about the company's future. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Intel shares dropped almost 4% in heavy trading in Frankfurt on Friday after issuing downbeat forecasts for both revenue and profit the day before, as investors fretted about the outlook for the chip sector against the backdrop of the U.S./China trade war.
Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo. The company also reported flat revenue and a significant loss.