Intel Drops Over 12% After Weak Forecast, Pressuring Chip Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
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Should l Buy ?
Source: NASDAQ.COM
- Chip Sector Pressure: Intel (INTC) shares plummeted over 12% following CEO Lip-Bu Tan's weak forecast and warnings about manufacturing issues, leading to broader pressure on the chip sector and diminishing investor confidence.
- Manufacturing PMI Data: The US January S&P manufacturing PMI rose slightly by 0.1 to 51.9, falling short of the expected 52.0, indicating sluggish growth in the manufacturing sector that could dampen future economic recovery expectations.
- Precious Metals Surge: Gold, silver, and platinum prices reached new highs due to a weaker dollar and geopolitical risks, reflecting increased investor demand for precious metals as a store of value, which may influence future investment flows.
- WTI Crude Price Spike: WTI crude oil prices jumped over 3% to a one-week high as the US threatened to curb dollar supplies for Iraqi oil sales, potentially leading to volatility in the global energy market.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
