Intel's shares plunged 12% ‌on ​Friday after the company struggled to ‌meet strong AI demand for data-center chips due to supply constraints, ​disappointing investors betting on its turnaround. After years of sitting out the artificial intelligence boom that turned Nvidia ‍into the world's most valuable ​company,

Wall Street is mixed on Friday as investors weighed global developments and central bank signals, capping a volatile week marked by disappointing earnings from Intel (INTC). The tech-focused Nasdaq Composite (COMP:IND) was last at +0.

Intel’s stock has more than doubled over the last year with investments from the Trump administration, SoftBank and Nvidia.

Quick Read Intel (INTC) surged 11% to over $53 following multiple analyst upgrades ahead of Q4 earnings. Intel stock gained 84% in 2025. Apple is evaluating Intel for M-series processors starting in 2027 and A-series iPhone chips around 2029.

Rising demand for Intel’s traditional computing chips, called CPUs (central processing units), from data centers amid the rise of agentic AI and the launch of Intel’s Panther Lake chips for AI PCs prompted multiple investing firms including HSBC and KeyBanc to raise their ratings on Intel stock in the last few weeks.