Intel stock price slides nearly 14% after outlook miss; what traders watch next
New York, January 23, 2026, 09:42 (EST) — Regular session
Intel Corp (INTC) saw its shares tumble 13.7% to $46.86 in early Friday trade, wiping out gains from a rally that had lifted the stock to a multi-year peak. The chipmaker had closed Thursday at $54.32. (MarketScreener)
The drop halts a January surge that pushed Intel up about 47%, on top of last year’s 84% gain, as investors backed CEO Lip-Bu Tan’s turnaround strategy. They’ve also been watching for signs that Intel’s contract chipmaking efforts—foundry services for external clients—can attract new business. Tan mentioned two customers are testing “14A,” the code name for a future manufacturing process. TD Cowen analysts said the rally was fueled…
