Intel’s (INTC) stock is down 13% after the chipmaker issued weak guidance for the current quarter.
The technology company managed to report fourth-quarter 2025 financial results that beat Wall Street forecasts.
Intel announced earnings per share (EPS) of $0.15 U.S., which was nearly double the $0.08 U.S. that had been expected among analysts.
Revenue in Q4 totaled $13.7 billion U.S., which topped the $13.4 billion U.S. anticipated on Wall Street.
Unfortunately, the top and bottom-line beats were overshadowed by Intel’s weak guidance.
Management said they expect first-quarter revenue of $11.7 billion U.S. to $12.7 billion U.S. and breakeven earnings.
That outlook was below Wall Street’s current forecast of $0.05 U.S. in earnings and $12.51 billion U.S. of revenue.
Intel blamed the disappointing guidance on a lack of microchip supply it needs to meet seasonal demand. The company said that supply would improve in the second quarter of this year.
Expectations were high for Intel heading into its latest earnings print, with the stock up 150% in the past year.
During 2025, the U.S. federal government and Nvidia (NVDA) made big investments in the chipmaker, becoming major shareholders. Nvidia took a $5 billion U.S. stake in Intel.
INTC stock is set to begin trading on Jan. 23 at $47.48 U.S. per share.
