Why Intel Stock Was Tumbling Today

Shares of the chip giant fell on disappointing guidance.Shares of Intel (INTC -9.38%) were taking a dive on Friday after the semiconductor giant offered a disappointing forecast for the second quarter, confirming fears that it's still missing out on the artificial intelligence (AI) boom.As a result, the stock was down 9.7% as of 1:47 p.m. ET.Intel beat estimates, but Q2 looks weakFor the first quarter, Intel reported a 9% increase in revenue to $12.7 billion, well ahead of estimates at $11.9 billion. Revenu ...