Intel fell 13% in pre-market trading, with its production guidance disappointing.

Before the opening of the U.S. stock market on Friday, Intel's stock price fell by 13%. The company's performance in the fourth quarter was mixed, and its guidance for the current quarter was below expectations. According to data from the London Stock Exchange Group, the company's adjusted earnings per share were 15 cents, higher than the analysts' consensus of 8 cents. However, revenue did not meet expectations, totaling $13.7 billion, lower than the market's estimate of $13.4 billion. Intel also stated that it would not be able to meet the supply volume required to meet seasonal demand in the first quarter, disappointing investors.