Intel shares slid sharply, dropping around 14%, after the company’s latest earnings report failed to ease worries about ongoing manufacturing problems. Even though Intel beat earnings expectations, weak guidance and a warning about possible supply shortages quickly shifted attention away from the positive headline numbers. #Intel #StockMarket
Over the past year, the stock had moved higher on hopes that a turnaround was taking shape. That optimism was supported by government backing and strategic interest linked to major players like SoftBank and Nvidia. This update, however, showed that the recovery story is far from settled. #TechStocks
Investors are now focused on whether Intel can make real progress in attracting foundry customers, which is widely seen as the next major catalyst for the stock’s direction. #Semiconductors
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