Intel shares plunged as much as 21% in after-hours trading. The company's revenue guidance for October–December 2026 came in below market expectations, prompting concerns about weak demand for PC semiconductors.
Intel shares plunged as much as 21% below the previous close in after-hours trading in the US. Investors expressed caution after the company issued weaker-than-expected revenue guidance.
Intel provided revenue guidance of $15 billion–$16 billion for the October–December 2026 quarter (approximately ¥2.36 trillion–¥2.52 trillion). The guidance is widely viewed as below market expectations.
Although AI demand provided some positive support, weak demand for PC semiconductors was seen as a factor behind the sharp decline in the share price.