Intel's Plunge Drags US Stocks Down Amid Supply Shortages and Tariff Threats

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News18•23-01-2026, 20:30
Intel's Plunge Drags US Stocks Down Amid Supply Shortages and Tariff Threats
- •US stock market drifts lower, with S&P 500, Dow Jones, and Nasdaq composite all experiencing declines.
- •Intel shares tumble 14.7% despite better-than-expected Q4 2025 results, due to a weak Q1 2026 forecast.
- •Intel CFO David Zinsner attributes forecast miss to industry-wide supply shortages, expected to bottom early 2026.
- •Global markets initially reacted to President Trump's tariff threats against European countries, causing US bond and dollar value drops.
- •Gold prices rose, nearing USD 5,000 per ounce, as investors seek safer assets amidst market uncertainty.
Why It Matters: Intel's poor forecast and lingering market uncertainties are pulling down US stock performance.
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