Intel Struggles to Meet Demand, CEO Says After Earnings

Core Insights - Intel is facing supply chain issues that have affected its ability to meet demand, leading to inventory clearance in the fourth quarter [1] - The CEO admitted that production yields have not met the company's standards, indicating internal execution problems [2] - Despite robust demand for CPUs, Intel is struggling to deliver products to the market effectively [3] Foundry Business - Revenue from Intel's foundry business in the fourth quarter exceeded expectations, with potential for new customer additions looking towards 2026 [4] - The industry is awaiting substantial updates from Intel regarding its 14nm process, with the CEO emphasizing the need for volume commitments from customers before ramping up production [5] - Intel is currently engaged with multiple customers on engineering and IP sharing for the 14nm process, but no concrete customer commitments have been established yet [6] Market Position - There is a national push for onshoring chip manufacturing in the U.S., with Intel being considered as a potential national champion, although specific customer names are not disclosed [7] - The stock has experienced volatility, dropping 5% in after-hours trading, reflecting market uncertainty regarding Intel's future commitments and performance [7]