Intel shares plummeted 14% after disappointing guidance and supply shortage warning. CEO Lip-Bu Tan acknowledged production inefficiencies and inability to meet full demand. First-quarter revenue expected between $11.7B and $12.7B, below expectations. Despite recent investments, Intel’s foundry business struggles, with clarity on customers sought by investors. Revenue contribution from 14A customers may not appear until late 2028. Intel beat fourth-quarter earnings and revenue expectations but faces challenges ahead.

Read more at CNBC: Intel stock drops 14% as manufacturing troubles overshadow earnings