First-quarter projections for revenue and earnings both fell well short of Wall Street estimates. Demand is “quite strong,” and the company is working hard to fix its manufacturing problems, Mr Tan said in an interview. “Our yield and production manufacturing are not up to my standards,” Mr Tan said. “We need to improve that.” Intel shares fell as low as $46.75 (€39.81) in extended trading during the conference call. There’s also concern that higher prices for memory chips will translate into more expensive laptops and weaker demand, Mr Tan said.

Source: The Irish Times January 23, 2026 11:11 UTC