Intel: Bumps In The Road To Foundry Success Led To Excessive Negative Pressure On Shares

wellesenterprises Investment thesis Disappointing profitability results that were below both Intel (NASDAQ:INTC, NEOE:INTC:CA) management's and analysts' expectations, the announcement of a workforce reduction of more than 15% by the end of 2025, the suspension of dividend payments at the beginning of the fourth quarter of 2024, and lower-than-market guidance combined to cause Intel's stock price to drop more than 18% in after-hours trading following the release of the company's earnings report for the  ...