Intel reported earnings that beat estimates, but flagged issue with manufacturing that weighed on the outlook for coming quarters.

For the most part, Wall Street analysts maintained a hold-equivalent rating on Intel after supply constraints weighed on the company's current-quarter outlook.

Intel’s stock has more than doubled over the last year with investments from the Trump administration, SoftBank and Nvidia.

The troubled chip maker has seen its shares rise with AI demand and new investors, but revenue sagged 3.9% year-over-year to $13.7 billion.

Happy Friday. This is TheStreet’s Stock Market Today for Jan. 23, 2026. You can follow the latest updates on the market here in our daily live blog. The U.S. markets are now opened for the day. Intel’s after hour earnings disappointment appears to be weighing on stocks a little bit today, along with the geopolitical tremors of the week.

Investors rewarded Intel (NASDAQ:INTC) prematurely heading into earnings on January 22, but it ended up being a disappointment. Revenue and EPS both beat consensus, but it wasn’t enough to lift the mood.

That and high-profile investments from the U.S. government, SoftBank <9984.T> and Nvidia have reignited investor interest. Intel's stock outpaced most semiconductor firms last year with an 84% gain and has extended its rally into 2026, up 47% in January so far.

By Arsheeya Bajwa Jan 21 (Reuters) - Intel shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data center build outs were fueling strong demand for its traditional server chips.

Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.