Intel Plunges 5.68% on Weak Forecast, Trade Fears

Generado por agente de IAAinvest Movers Radar
viernes, 25 de abril de 2025, 5:52 am ET1 min de lectura
INTC--

Intel's stock price dropped by 5.68% in pre-market trading on April 25, 2025, reflecting investor concerns and market sentiment.

Intel's recent revenue forecast fell below Wall Street estimates, primarily due to trade tensions and tariff fears. These concerns have led to chip stockpiling, which has negatively impacted Intel's second-quarter outlook. The company's cautious stance on the macro environment and growing trade policy uncertainties has further dampened investor confidence.

Intel's weak revenue and profit forecast for the upcoming quarters has overshadowed any positive news, leading to a significant drop in its stock price. Investors had hoped for better performance, but the company's outlook has fallen short of expectations, causing a nearly 6% decline in premarket trading on Friday.

Intel's new CEO, Lip-Bu Tan, has faced challenges in his first round of earnings reports, as the company's second-quarter revenue forecast was below estimates. The "fluid" macro environment and trade policy uncertainties have contributed to a "choppy" outlook for the chipmaker, adding to the market's pessimism.

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