Over the last year, Intel shares have rallied more than double on hopes of a turnaround for the embattled American chipmaker.

The troubled chip maker has seen its shares rise with AI demand and new investors, but revenue sagged 3.9% year-over-year to $13.7 billion.

Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.

Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.

Intel just beat expectations with its latest results but came up short with its forecast as a supply crunch grips the chip sector.

After months of riding positive vibes, the troubled chip maker reminded investors why it needed a rescue in the first place.

Intel reported earnings that beat estimates, but flagged issue with manufacturing that weighed on the outlook for coming quarters.

Intel shares slid nearly 16% Friday morning, a day after the chipmaker told investors it hadn’t allocated enough production capacity to meet booming demand from data centers. “Revenue would have been meaningfully higher if we had more supply,

After a big recent run up, Intel shares are taking a breather in Thursday's extended session, down about 5%. The company's latest guidance underwhelmed, with Intel unable to meet all its demand. Expectations were also high heading into the report,

In fact, Rasgon only rated Intel stock "market perform" and declined to upgrade it. But here's the thing: Rasgon isn't the only Wall Street analyst talking about Intel today.

Intel CFO David Zinsner indicated that Intel is “prioritizing [its] internal wafer supply to data center” and having more of its consumer chips made externally. Substantial portions of the Core Ultra Series 3 processors are manufactured at Intel, after the company primarily used TSMC’s chip factories for the Core Ultra Series 2 designs.

Here’s what could be next for Intel stock.