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Barchart
Barchart
Oleksandr Pylypenko

UNBELIEVABLE: Nasdaq futures fall as intel sinks on disappointing outlook u s pmi data in focus - The Untold Story

March Nasdaq 100 E-Mini futures (NQH26) are trending down -0.20% this morning as a lackluster forecast from semiconductor giant Intel weighed on sentiment.

Intel (INTC) sank more than -13% in pre-market trading after the chipmaker issued disappointing Q1 guidance and Chief Executive Officer Lip-Bu Tan cautioned that the company continues to face manufacturing challenges.

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