Intel (NASDAQ: INTC) shares fell 23% in after-hours trading on Thursday after the company's fourth-quarter guidance disappointed investors. CNBC's Jim Cramer said on X that he was “disappointed” and “actually furious” about Intel, which he had named his favorite stock earlier this year. Moor Insights & Strategy CEO Patrick Moorhead called it a good quarter with a very challenging guide, and said the cause could be one or more of several factors, including weakening PC demand, substrate scarcity, or an incident at Intel's fab in Israel. Gene Munster of Deepwater Asset Management said the main issue is PC demand, which he linked to high memory costs, and that Intel's weak guide should not be extrapolated to Nvidia, which fell 1.3% in after-hours trading.
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/29/2026 | 213.72 |
| Change that session | -0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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