Intel stock price plunges 17% after weak outlook, putting the chip turnaround back on trial
New York, January 23, 2026, 17:06 EST — After-hours
- Intel fell about 17% to $45.07 in late trading after a downbeat first-quarter outlook
- The company pointed to supply constraints for server chips used in AI data centers
- Investors now look to the Fed on Jan. 28 and next week’s heavy tech earnings slate
Intel (INTC.O) shares sank about 17% to $45.07 in late trading on Friday, as investors bailed out of the chipmaker after it flagged supply constraints and a weaker-than-expected first-quarter outlook. The stock hit an intraday low of $44.45, with nearly 291 million shares changing hands.
The selloff landed at an awkward moment. Investors have treated Intel as a test case for whether an older U.S….
