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-0.00202548738290144 -0.000443075365009722 -0.0079331589163642 -0.000791206008945933 0.00957886741497174 0.00324921934340458 0.0104228204911807 0.0182863532787577
Stock impact report

Intel's Stock Sinks After a Disappointing Outlook. The Chipmaker Has a Supply Problem [Yahoo! Finance]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Yahoo! Finance
Intel wants to sell more products. Can it keep up? Shares of the chipmaker slid late Thursday after Intel's ( INTC ) outlook missed analysts' projections. Executives in a statement warned that supplies could hit a low in the current quarter. "We expect our available supply to be at its lowest level in Q1 before improving in Q2 and beyond," CFO David Zinsner said in an evening statement, as the company contends with industry-wide supply shortages. Intel's weaker-than-expected outlook could dampen enthusiasm for the shares, which have soared in recent weeks amid growing optimism about demand for the company's AI products and ability to win new customers. Intel has lately warned of supply issues, but investors reacted particularly strongly to the company's description of its effect on its near-term outlook—perhaps indicating valuation concerns given the shares' recent runup. The stock, which edged higher during the regular session, was recently off more than 6% in late action, i Show less Read more
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