Intel's Stock Sinks After a Disappointing Outlook. The Chipmaker Has a Supply Problem

Intel wants to sell more products. Can it keep up? Shares of the chipmaker slid late Thursday after Intel's (INTC) outlook missed analysts' projections. Executives in a statement warned that supplies could hit a low in the current quarter. "We expect our available supply to be at its lowest level in Q1 before improving in Q2 and beyond," CFO David Zinsner said in an evening statement, as the company contends with industry-wide supply shortages. Key Takeaways For the fourth quarter, Intel reported adjusted e ...