https://www.cnbc.com/2019/01/25/intel-tanks-after-revenue-miss-and-weak-guidance.html

Intel shares dropped more than 6 percent in early trading Friday following a revenue miss for their fourth quarter 2018.

Analysts worried about rising competition in the semiconductor space in notes following Thursday's report. The analysts remained bullish on the sector overall, which had one of its best days in a decade prior to Intel's report Thursday. Intel reported revenue of $18.66 billion compared to the $19.01 billion analysts were expecting, according to Refinitiv. The company beat on earnings, reporting $1.28 per share, excluding certain items, compared to $1.22 per share expected by analysts, according to Refinitiv.