NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Intel Corporation (NASDAQ: INTC) shares fell after the Company's third-quarter 2026 earnings release, when Intel guided fourth-quarter revenue to approximately $15 billion to $16 billion -- below Wall Street consensus -- and warned that PC-market softness could last into at least the first half of 2027. If you lost money on Intel stock, you may have legal rights. Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of affected investors. INTC shareholders who suffered losses are encouraged to submit their loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
The pressure traces back to Intel's PC business. Client Computing revenue was down 5% year over year in the third quarter, and management attributed the weaker outlook primarily to continued softness in PC demand. Quarterly revenue came in line with expectations. The selloff followed the outlook, not the quarter just reported.
Reports following the release noted that supply constraints and manufacturing bottlenecks compounded the PC demand problem and further pressured the outlook. The investigation centers on Intel's exposure to the PC market and the losses shareholders incurred after the fourth-quarter guidance was released.
Intel shareholders who lost money can find out whether they may recover losses or call Joseph E. Levi, Esq. at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.
Frequently Asked Questions About the INTC Investigation
Q: Who is conducting the INTC investigation? A: Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of investors who purchased INTC securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the INTC investigation? A: Investors who purchased INTC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What is the INTC investigation about? A: A securities investigation is pending concerning Intel Corporation (NASDAQ: INTC) regarding potential securities law violations. Shares declined after the Company issued fourth-quarter 2026 revenue guidance of approximately $15 billion to $16 billion, below Wall Street consensus, citing continued PC-market softness. The decline caused losses for shareholders.
Q: What do INTC investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my INTC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought INTC and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
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