Why Intel Stock Fell 11.5% Last Month

Group 1 - Intel's stock experienced an 11.5% decline in April 2025, attributed to a lack of a single catalyst but rather a developing theme over the month [1] - CEO Lip-Bu Tan presented a detailed turnaround plan at the Vision 2025 conference, focusing on returning to innovation and committing to the Foundry business, but the stock fell as investors expected a different strategy [3][4] - The future of the Foundry business became a significant concern, with rumors of a potential spin-off or joint development with Taiwan Semiconductor Manufacturing, yet no major developments were announced in the first-quarter report [4][5] Group 2 - Despite new management, the company continues to follow the previous CEO's strategy, which is seen as a long-term rebuilding effort that may not yield immediate results [6] - Intel's stock has decreased by 33% over the past 52 weeks, contrasting with a 13% gain in the S&P 500 index, indicating a significant underperformance [7] - The company is currently unprofitable but has a forward price-to-earnings ratio of 25.8 and a price-to-sales ratio of 1.7, suggesting that the stock may be undervalued [7]