INTC stock is plunging today despite Intel earnings that beat Wall Street expectations. Here are 2 reasons why

Core Viewpoint - Intel reported better-than-expected earnings per share (EPS) of 15 cents and revenue of $13.7 billion, surpassing LSEG estimates of 8 cents and $13.4 billion respectively, yet the stock fell over 13% in pre-market trading [1] Group 1: Financial Performance - Intel's Q1 revenue forecast is between $11.7 billion and $12.7 billion, with adjusted EPS expected to remain flat [2] - The reported EPS and revenue indicate a positive performance against market expectations, but the stock reaction suggests investor concerns [1][2] Group 2: Market Reaction - Despite beating earnings estimates, Intel's shares experienced a significant decline in pre-market trading, indicating market skepticism [1] - The inability to meet AI data center demand is a contributing factor to the negative market response [2]