Intel (INTC) shares dropped in after-hours trading following a quarterly outlook that missed Wall Street expectations. The company cited uncertainty over tariff policies as a reason for customers stockpiling chips earlier, which is expected to impact current quarter revenue. CEO Lip-Bu Tan noted that gaining market share will take time. Despite recent gains, Intel’s stock has fallen about 37% over the past year due to concerns over its strategic direction and limited progress in the AI chip market. In technical analysis, key support levels to watch include $19, with a potential decline to $15 if broken. Overhead resistance areas are around $22 and $26. These levels could influence future price movements.
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