Shares are down more than 13% in pre-market trading on Friday. What’s spooking investors? Shares in Intel Corporation (Nasdaq: INTC) are plunging in pre-market trading this morning. The stock price fall comes after the chipmaker reported its Q4 2025 earnings after the closing bell yesterday. But it’s Intel’s forecast, rather than its latest results, that seems to be driving the stock price’s fall. Here’s what you need to know.