Investors are taking profits after the popular tech stock's recent run-up.

NEW ALBANY, Ohio (WCMH) — Although Intel’s predictions for 2026 fell below Wall Street expectations, the company’s end-of-year results brought welcome news for the under-construction plant in Licking County.

Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.

By Arsheeya Bajwa Jan 21 (Reuters) - Intel shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data center build outs were fueling strong demand for its traditional server chips.

Former Intel CEO Pat Gelsinger warns the United States still faces a long road to bring advanced chip manufacturing back from Asia despite recent milestones.

Intel Corp. today showcased a new class of Intel Core Ultra X9 and X7 processors, the first new chips built on its most advanced 18A manufacturing process.

Over the last year, Intel shares have rallied more than double on hopes of a turnaround for the embattled American chipmaker.

Intel Corp. shares plunged about 17% after Chief Executive Officer Lip-Bu Tan gave a lackluster forecast and warned that the chipmaker was struggling with manufacturing problems.

Intel said it should announce customers for its upcoming manufacturing process, 14A — which has been developed with the hopes of drawing in big deals — during the second half of 2026 or the first half of 2027. Even so, Lee noted that revenue from those deals wouldn’t show up in its financial statements until 2028 or 2029.

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