--- title: "Buying the Intel Dip Could Be a Mistake, Analyst Warns—‘Dead Money’ Until ‘Bad Planning’ and Capacity Woes Are Fixed" type: "News" locale: "en" url: "https://longbridge.com/en/news/303940147.md" description: "Seaport analyst Jay Goldberg warns that Intel (INTC) stock is 'dead money' due to bad planning and capacity issues, advising investors to stay on the sidelines until these problems are resolved. Despite beating Q3 estimates, Intel's weak Q4 guidance and PC market slowdown cloud its near-term outlook. Analysts note that production constraints may push server customers toward rivals AMD and Nvidia, threatening market share, though long-term prospects depend on foundry success." datetime: "2026-11-02T09:47:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/303940147.md) - [en](https://longbridge.com/en/news/303940147.md) - [zh-HK](https://longbridge.com/zh-HK/news/303940147.md) generator: "portal-rs" --- # Buying the Intel Dip Could Be a Mistake, Analyst Warns—‘Dead Money’ Until ‘Bad Planning’ and Capacity Woes Are Fixed **Intel Corp.** (NASDAQ:INTC) suffered its steepest single-day decline since 1974, sliding to approximately $65 per share Friday, raising fresh questions about the chipmaker’s turnaround. **Seaport** analyst **Jay Goldberg** advised investors to remain on the sidelines, saying the company "clearly has planning and capacity issues, which they need to grapple with." He added, "Until they do, it’s kind of dead money. I think it trades flat for a while," according to CNBC. Goldberg said Intel manufactured too many PC chips during a severe downturn while producing too few server chips to meet strong demand. He blamed "bad planning assumptions" and difficulty securing "all the components they needed." The analyst, however, said that Intel could be "in good shape" after resolving its capacity problems. ## PC Weakness and Capacity Risks Cloud Outlook Intel beat third-quarter earnings and revenue estimates. However, its fourth-quarter outlook fell short, with projected EPS of 25 cents and revenue of $15 billion-$16 billion below analyst expectations. **John Pitzer**, Intel’s corporate vice president of investor relations, said that the PC slowdown arrived "sooner and deeper" than the company expected, adding that rising memory prices were weighing particularly heavily on laptop demand. Intel is seeing stronger data-center CPU demand driven by agentic AI, but continued weakness in the PC market could limit its near-term recovery, eMarketer senior analyst **Asa Hiken** said. The company’s long-term growth prospects depend heavily on its foundry business and advanced chip-packaging technology. However, Intel must secure substantial customer commitments to justify its massive manufacturing investments and convince investors that its foundry ambitions are commercially viable, the analyst said. However, **Futurum Group** CEO **Daniel Newman** said Intel’s weak guidance reflects capacity expansion challenges and product mix rather than slowing demand. Strategist **Shay Boloor** warned that production constraints could push server CPU customers toward rivals **Advanced Micro Devices Inc.** (NASDAQ:AMD) and **Nvidia Corp.** (NASDAQ:NVDA), potentially costing Intel market share. Benzinga’s Edge Rankings place INTC in the 50th percentile for momentum. Benzinga’s screener allows you to compare INTC’s performance with its peers. **INTC Price Action:** Year-to-date, INTC stock has surged 78.21%, as per Benzinga Pro. It plunged 28.58% to close at $$65.76 on Friday. ### Related Stocks - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [INT.US](https://longbridge.com/en/quote/INT.US.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) ## Related News & Research - [Intel faces PC weakness, manufacturing constraints, analysts say](https://longbridge.com/en/news/303755233.md) - [Why Is Intel Stock Sinking Friday?](https://longbridge.com/en/news/303734611.md) - [These Analysts Slash Their Forecasts On Intel After Q3 Results](https://longbridge.com/en/news/303732018.md) - [Intel Plunges 30% in Worst Single-Day Performance Since 1974, and Historical Data Shows Just a 47.8% Win Rate for Buying Now](https://longbridge.com/en/news/303787663.md) - [Intel shares tumble on disappointing profit and weak PC-market outlook](https://longbridge.com/en/news/303635136.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**