Bloomberg Surveillance Instant Reaction: Intel Gives Weak Forecast, Shares Slide Afterhours
Jan 22, 2026
Ivan Feinseth, Research Director and CIO at Tigress Financial Partners, shares insights on Intel's disappointing forecast due to manufacturing issues. He emphasizes that this isn't just a quarterly setback but signals a major shift for the company. While praising the new CEO's strategy, he highlights the role of U.S. semiconductor investments and strong demand in AI PCs. Ivan also discusses the importance of diversifying clients for Foundry Services and expresses optimism about future revenue growth, despite current execution challenges.
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Demand Strong, Execution The Bottleneck
- Intel's weak quarter reflects execution and manufacturing rather than demand problems.
- Ivan Feinseth says strong AI demand remains a tailwind despite missed near-term opportunities.
Company Transition Under New Leadership
- Ivan Feinseth sees Intel's recent performance as a major company shift under the new CEO.
- He expects Intel to benefit from AI data-center demand and U.S. government support long term.
View Pullbacks As Buying Opportunities
- Consider buying the pullback if shares retreat from recent highs, according to Ivan Feinseth.
- He calls a drop from $55 to the mid-$40s an opportunity to add exposure to Intel.