Intel stock plummeted after missing first-quarter guidance, attributing it to underestimated demand for data center chips. Despite being seen as a potential competitive advantage, Intel’s fabs remain a liability. The company’s turnaround momentum took a hit, with stock falling double digits, indicating challenges ahead in execution and recovery.

Read more at Yahoo Finance: Intel Is Still Making Too Many Unforced Errors. Can the Chip Giant Get Out of Its Own Way?