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Intel shares tumble on soft guidance, heading for worst day since mid-2024
CNBC Television· 2026-01-23 16:36
Our Christina parts Nevos has more from the NASDAQ on this print last night. Hey KP. >> Hi Carl. We have to say that there was a strong fourth quarter uh for data center demand, but like you said, they guided weaker first quarter revenue and gross margins that initially heard hurt the stock and then they also raised concerns about chip manufacturing yields adding to the further demise. That's why you're seeing shares down 50%. But the stock had surged nearly what 20% right now in three months on government ...