--- title: "Why Intel Stock Is Plummeting Today" type: "News" locale: "en" url: "https://longbridge.com/en/news/250197920.md" description: "Intel's stock is down 9.4% despite beating revenue targets of $12.9 billion against an estimate of $11.97 billion. The company announced a strategic shift, halting projects in Germany and Poland, and slowing construction in Ohio. CEO Lip-Bu Tan indicated a move towards external foundries, raising concerns about Intel's future competitiveness and profitability. Investors are left uncertain about the company's direction, leading to a potential further decline in stock value. It is advised to hold off on investments for now." datetime: "2025-07-25T19:41:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/250197920.md) - [en](https://longbridge.com/en/news/250197920.md) - [zh-HK](https://longbridge.com/zh-HK/news/250197920.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/250197920.md) | [繁體中文](https://longbridge.com/zh-HK/news/250197920.md) # Why Intel Stock Is Plummeting Today Shares of **Intel** (INTC -9.08%) are tumbling on Friday, down 9.4% as of 3:06 p.m. ET. The move comes as the **S&P 500** and the **Nasdaq Composite** gained 0.4% and 0.3%, respectively. The chipmaking giant reported mixed earnings and painted a picture of a future that disappointed investors. ## Intel beat revenue targets The company beat Wall Street's targets for revenue in its latest quarter -- $12.9 billion compared to the consensus estimate of $11.97. It also set better-than-expected guidance for the current quarter, with a range set between $12.6 billion and $13.66 billion vs. the consensus estimate of $12.66. ## Intel is changing direction Despite these numbers, the company's strategic shift in its manufacturing left investors wondering what the company's future will hold. CEO Lip-Bu Tan wrote in a memo that "there are no more blank checks," explaining, "over the past several years, the company invested too much, too soon -- without adequate demand." Image source: Getty Images. Tan said that the company would not move forward with planned projects in Germany and Poland, and that it will slow construction of a site in Ohio. The company could entirely abandon its "pursuit of Intel 14A and successor nodes" and its next-generation manufacturing processes. Tan floated the idea that the company could turn instead to external foundries. ## Intel has its work cut out for it Given this news, it may take Intel longer to catch up to other chipmakers than investors had hoped. It raises more questions about Intel's path back to profitability. Though I think it could find its footing and return to competitiveness, this transition will be painful, and the stock could fall further. I would hold off for now. ### Related Stocks - [Intel Corporation (INTC.US)](https://longbridge.com/en/quote/INTC.US.md) ## Related News & Research - [Nvidia Invests Billions to Strengthen AI Ecosystem](https://longbridge.com/en/news/281369716.md) - [EXCLUSIVE-Intel looks to put millions more into SambaNova startup chaired by CEO Tan](https://longbridge.com/en/news/281431870.md) - [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281394387.md) - [Destiny Tech100 Stock Rises After SpaceX IPO Rumors](https://longbridge.com/en/news/281415250.md) - [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/en/news/281406751.md)