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Intel shares drop 39% after weak Q4 guidance but show potential upside from data center growth and cost cuts.

Market News
11 Nov 2026, 09:40 WIB
Seeking Alpha
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Bullish
Intel shares drop 39% after weak Q4 guidance but show potential upside from data center growth and cost cuts.

Intel's stock fell nearly 39% after the company issued disappointing revenue guidance for Q4, projecting $15-16 billion versus the expected $17 billion. Despite this, Intel's Data Center segment grew revenue by 78% to $7.3 billion and generated $3 billion in operating profit, outperforming client segments. Manufacturing costs for Intel's 18A and Intel 3 processes have significantly declined, improving production economics. A bullish outlook values Intel shares at $76, suggesting a 35% upside driven by stronger server profitability and manufacturing efficiencies, though execution risks remain.

Intel shares are trading at USD 60.46 on Pluang as of Nov 11, 2026 15:01 WIB, showing a 4.01% gain in the last day. The stock's market capitalization stands at $315.55 billion, reflecting significant investor interest after recent volatility. Pluang users currently favor buying Intel shares, with 77% of order activity on the platform being buy orders.

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