Intel Down 20% Post-Earnings — Credibility Collapse
Intel guided lower in its latest earnings call despite beating metrics, sending the stock down 20%+. Investors are losing faith in the turnaround story despite some real operational progress under Lip-Bu Tan.
What we know
An account on X flagged INTC down 20%+ post-earnings with a gap near $67 to watch. Despite beating all metrics, the lower guidance crushed sentiment. another account on X, retweeted by another account on X, announced selling the majority of Intel shares: 'This was genuinely one of the saddest earnings calls. I had SO much hope for this company.' another account on X remains a long-term bull, seeing it returning to a key support zone despite the selloff.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.