--- title: Intel shares sink as memory shortage drags its PC chip... description: Intel's stock fell more than 20% in late trading after its sales forecast missed Wall Street estimates. The company expects fourth-quarter revenue of $15B to... canonical: https://daily.dev/posts/intel-shares-sink-as-memory-shortage-drags-its-pc-chip-outlook-iapgvxg2q twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Intel shares sink as memory shortage drags its PC chip outlook | daily.dev og:description: Intel's stock fell more than 20% in late trading after its sales forecast missed Wall Street estimates. The company expects fourth-quarter revenue of $15B to... og:url: https://daily.dev/posts/intel-shares-sink-as-memory-shortage-drags-its-pc-chip-outlook-iapgvxg2q og:image: https://api.daily.dev/og/posts/IAPGvXG2Q.png og:image:alt: Intel shares sink as memory shortage drags its PC chip outlook og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Intel shares sink as memory shortage drags its PC chip outlook **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Intel's stock fell more than 20% in late trading after its sales forecast missed Wall Street estimates. The company expects fourth-quarter revenue of $15B to $16B, below the $17B analysts expected, citing a memory chip shortage hurting PC demand and supply problems in its data centre unit. Third-quarter revenue rose 21% to $16.5B, with data centre and AI sales up 78% to $7.3B while PC chip sales fell 5% to $8.1B. Intel expects the PC market to shrink 12% this year and 10% more in 2027. CEO Lip-Bu Tan said that in his prediction, 2027 would bring 'a very severe issue' from memory pricing. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did Intel's stock drop over 20% in late trading Intel's shares fell more than 20% after the company forecast fourth-quarter revenue of $15 billion to $16 billion, below the $17 billion analysts expected. The miss was driven by a memory chip shortage hurting PC demand and supply problems in Intel's data centre unit. Adjusted earnings guidance of 25 cents a share also fell short of the 43-cent estimate. _Investors tracking chip stocks follow earnings shocks like Intel's on daily.dev._ ### How much is the memory chip shortage expected to shrink the PC market Intel expects the PC market to shrink 12% this year and another 10% in 2027 due to the memory chip shortage pushing up prices. CEO Lip-Bu Tan called memory pricing a potentially 'very severe issue' for the industry by 2027. Research firm TrendForce noted PC makers have already hit their limit on what they can pay for memory. _Anyone budgeting PC or component purchases can watch memory pricing trends on daily.dev._ ### How did Intel's data centre and AI business perform in Q3 2026 Intel's data centre and AI sales jumped 78% to $7.3 billion in the third quarter, while PC chip sales fell 5% to $8.1 billion. Overall revenue rose 21% to $16.5 billion. CEO Lip-Bu Tan said the data centre unit would have performed even better without raw material shortages and a factory shutdown in Israel. _Developers evaluating hardware vendors for AI workloads can follow Intel's data centre results on daily.dev._ ## Similar posts on daily.dev - [Intel takes another hit](https://daily.dev/posts/intel-takes-another-hit-4urclb8ya) · TechCentral · 0 upvotes · 0 comments - [Intel’s revival is real: $13.6B in Q1](https://daily.dev/posts/intel-s-revival-is-real-13-6b-in-q1-a69vcpjw9) · The Next Web · 0 upvotes · 0 comments - [Why AMD's Q1 outlook is giving Wall Street jitters](https://daily.dev/posts/why-amd-s-q1-outlook-is-giving-wall-street-jitters-pqna8vdtl) · The Register · 1 upvotes · 0 comments - [Intel confirms more layoffs in its data center unit as stock rallies on turnaround momentum](https://daily.dev/posts/intel-confirms-more-layoffs-in-its-data-center-unit-as-stock-rallies-on-turnaround-momentum-qzsmue6hr) · The Next Web · 0 upvotes · 0 comments --- Tags: [#intel](https://daily.dev/tags/intel) [View this post on daily.dev](https://daily.dev/posts/intel-shares-sink-as-memory-shortage-drags-its-pc-chip-outlook-iapgvxg2q) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Intel shares sink as memory shortage drags its PC chip outlook","url":"https://daily.dev/posts/intel-shares-sink-as-memory-shortage-drags-its-pc-chip-outlook-iapgvxg2q","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/intel-shares-sink-as-memory-shortage-drags-its-pc-chip-outlook-iapgvxg2q"},"datePublished":"2026-10-29T20:25:20.974Z","dateModified":"2026-10-30T22:50:34.324Z","description":"Intel's stock fell more than 20% in late trading after its sales forecast missed Wall Street estimates. 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