Supply Shortages Send Intel Stock Sputtering
Intel’s “Made in America” mission remains a work in progress. In the storied American chipmaker’s earnings call on Thursday, it delivered an unexpectedly dour outlook for the current quarter as supply shortages prevent it from meeting customer demand. Shares of the company cooled 4% Thursday ahead of the after-the-bell report, and as much as 6% in after-hours trading. Ouch. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: Procter & Gamble Lathers Up a Turnaround and Huntington ...