The rally is over. Intel shares nosedived nearly 12% in premarket trading Friday after the chipmaker delivered a sobering first-quarter forecast that fell short of Wall Street expectations, warning that supply bottlenecks are preventing the company from capitalizing on surging demand for processors used in artificial intelligence data centers. If the decline holds through regular […]

The postIntel stock crashes 12% on supply bottleneck fearsappeared first onRolling Out.