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Intel stock plunges 29% despite strong earnings as supply issues and weak guidance worry investors

Company Fundamentals
31 Oct 2026, 00:09 WIB
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Bearish
Intel stock plunges 29% despite strong earnings as supply issues and weak guidance worry investors

Intel's stock dropped nearly 29% after reporting a better-than-expected Q3 with strong data center revenue growth. However, concerns over a prolonged supply shortage, weak PC market outlook, and a costly factory accident led to cautious guidance for Q4 and 2027. Jim Cramer admitted he underestimated the challenges Intel faces, particularly the supply crisis that may last years. Investors will watch for new foundry customers, factory recovery, and supply improvements as key indicators of Intel's future performance.

As of Oct 31, 2026 04:12 WIB, Intel's stock on Pluang trades at USD 65.11, down 29.28% in one day, closely aligning with the article's reported plunge. The stock's market cap stands at $486.69 billion, with a dividend yield of 2.24%. Investor activity on Pluang shows a majority leaning towards buying, with 63% of orders as buys and 37% as sells.

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