Market News AIOpen the app

Jim Cramer says not to think the worst is over after chip stocks lost $1 trillion in value.

ResultsRead the original at Benzinga
Bad for INTC

Intel's fourth-quarter sales forecast missed analysts' estimate, and the company expects weakness through early 2027. Data center sales grew sharply, but shortages and costly memory leave its outlook weaker.

INTC · Intel Corp.

AI read · Bad for INTC

The AI's read

That leaves Intel facing pressure in both servers and PCs. Its data center group grew quickly, but shortages could limit server shipments, and higher memory prices make PCs harder to sell. The weaker sales forecast and expected slowdown outweigh growth in one business group.

NVDA · Nvidia Corp.

AI read · Neutral

The connection

Nvidia is named among chip shares that fell during Friday's selloff, but the story reports no change in its sales or products.

AMD · Advanced Micro Devices Inc.

AI read · Neutral

The connection

AMD shares fell, and its upcoming results are described as a checkpoint for chip companies. The story gives no new result or change in AMD's business.

TSM · Taiwan Semiconductor Manufacturing Co. Ltd.

AI read · Neutral

The connection

Taiwan Semiconductor shares fell during the chip selloff, but the story reports no change in its sales, products, or business outlook.

AVGO · Broadcom Inc.

AI read · Neutral

The connection

Broadcom shares fell during the chip selloff, but the story reports no change in its sales, products, or business outlook.

AAPL · Apple Inc.

AI read · Neutral

The connection

Cramer says he still wants to own Apple but warns a missed result could hurt. The story reports no new Apple result or business change.

Get alerts for INTC

Follow Intel Corp. (INTC) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for INTC
Free on the App Store and Google Play, or on the web.