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.
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.