The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California.
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Shares of the company were down as much as 11% in after-hours trading.
Here's how the chipmaker did compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Earnings per share : 15 cents adjusted vs. 8 cents expected
: 15 cents adjusted vs. 8 cents expected Revenue: $13.7 billion vs. $13.4 billion expected
Intel said it expected first-quarter revenue between $11.7 billion and $12.7 billion, and breakeven adjusted earnings per share. That came in below LSEG expectations of 5 cents earnings per share on $12.51 billion in sales.
Finance chief David Zinsner told CNBC's Kristina Partsinevelos that the company's soft guidance in the first quarter was partially because the company doesn't have the supply it needs for seasonal demand.
On a call with analysts, CEO Lip-Bu Tan said that the company was looking to improve its production efficiency, called yield, in order to improve supply of the company's products.
"Our yields are in line with our internal plans," Tan said. "They are still below what I want them to be."
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