Intel Stock Flop: Closing Fabs As Server CPU Demand Pops To Hit $INTC
Portrait of Andy Grove, from Intel, at the annual PC Forum, Tucson, Arizona, March 10-13, 1991. (Photo by Ann E. Yow-Dyson/Getty Images)Getty ImagesIntel stock lost 17% of its value last Friday, reported the Wall Street Journal.On the surface, the reason for the drop was Intel’s mixed results for the fourth quarter of 2025. Intel exceeded expectations for revenue and adjusted earnings per share while projecting significantly lower growth for the first quarter of 2026. The root cause of the disappointing gui ...