WSJ·2026-01-23 08:38Core Viewpoint - Intel reported a significant financial downturn, swinging to a loss, which negatively impacted its stock performance in after-hours trading [1] Financial Performance - The company posted a loss of $1.4 billion for the latest quarter, compared to a profit of $6.8 billion in the same period last year, indicating a year-over-year decline of approximately 120% [1] - Revenue for the quarter fell to $15.3 billion, down 20% from $19.2 billion a year earlier [1] Market Reaction - Following the earnings report, Intel's stock price dropped by over 10% in after-hours trading, reflecting investor concerns about the company's financial health and future prospects [1] Strategic Outlook - Intel's management indicated ongoing challenges in the semiconductor market, including increased competition and supply chain issues, which are expected to impact future performance [1]