Intel's stock is down 3.06% today following the release of its Q1 2026 earnings report, which revealed a revenue of $13.6 billion, exceeding expectations by 9.22%. However, the company reported a GAAP diluted EPS loss of $0.73 due to a significant $3.9 billion non-cash goodwill write-down on Mobileye and a $2.4 billion operating loss in its foundry business, contributing to a bearish sentiment.
