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Intel Shares Plunge 13% Amid Weaker Q1 Forecast

1/24/2026

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Story summary
  • Intel Corporation shares fell about 13% in after-hours trading on January 22, 2026, after a weaker Q1 forecast.
  • Intel expects Q1 revenue of $11.7–$12.7 billion, below the $12.51 billion consensus.
  • The company struggles to meet demand for processors used in AI data centers, despite full-capacity factories.
  • Rising memory chip prices could hurt PC sales, while analysts say capacity constraints hinder Intel's AI opportunities.