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Intel (INTC): AI Demand Is Growing, But the Market Has Lost Patience
Intel has suffered a brutal sell-off, closing at $65.76 on October 30, down 28.58% in a single session. The surprising part is that its Q3 earnings actually beat expectations. The real problem was weak forward guidance and growing concerns about profitability.

Revenue reached $16.5 billion, up 21% year over year, while its Data Center and AI business delivered impressive 78% growth. However, Intel expects Q4 revenue of just $15–16 billion, below market expectations. Weak PC demand, expensive memory chips, manufacturing constraints and heavy AI infrastructure spending are creating additional pressure.

Technically, $63–$65 is the immediate support zone, while $68–$70 is the first recovery resistance. A sustained recovery above $70 could open the way towards $75–$80. However, losing $63 could expose the stock to further downside.

My outlook is cautious. Intel still has long-term potential in AI processors and semiconductor manufacturing, but strong demand alone is not enough. Investors need evidence of improving margins, production capacity and cash flow. I would avoid rushing into this dip until the stock shows signs of stabilization.

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MintAssassin
an hour ago
Consider it after it holds above $70; no need to catch a falling knife now
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StableGodfather
an hour ago
Earnings beat expectations, yet the stock fell 28%. The market really has no patience anymore
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VolSmile
2 hours ago
In the long run, AI chips and foundries still have potential, but the short term is excruciating
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CWMiner
2 hours ago
This drop has already wiped out all the positive Q3 news, and then some
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FarmSteward
2 hours ago
Technically, $63-65 is critical; a break below would open up downside
0View Original
MoonlightColdWallet
2 hours ago
The market wants certainty, not storytelling
0View Original
RevokeCat
2 hours ago
Data center growth is impressive, but what about profits?
0View Original
GreyListWatcher
2 hours ago
First Review
Cautious until manufacturing capacity and cash flow improve
0View Original