INTC Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Intel (INTC)
NEW YORK CITY, NY / ACCESS Newswire / November 3, 2026 / A fourth-quarter 2026 revenue forecast of approximately $15 billion to $16 billion, below Wall Street consensus of about $17 billion, sent Intel Corporation (NASDAQ:INTC) shares lower after the Company's third-quarter earnings release. Shareholders who lost money on INTC may have legal rights, and an investigation is now underway. If you suffered a loss, you are encouraged to submit your loss details for review today. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
Intel reported third-quarter revenue in line with expectations, but its outlook for the next quarter came in more than $1 billion below revenue consensus estimates. Management attributed the shortfall to continued PC-market softness that it said could persist into at least the first half of 2027. Supply constraints and manufacturing bottlenecks further pressured the outlook, and reports also noted warnings about cash burn.
You do not need to still hold INTC to act. Investors who sold at a loss after the guidance may still be eligible, and there is no cost to have losses reviewed. The investigation is evaluating whether Intel shareholders may have potential claims under the federal securities laws.
If you bought Intel shares and lost money, find out what rights you may have. Joseph E. Levi, Esq. can also be reached at jlevi@levikorsinsky.com or (212) 363-7500.
Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com
Frequently Asked Questions About the INTC Investigation
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether Intel made materially false or misleading statements regarding customer demand and its business outlook. When the Company disclosed a fourth-quarter 2026 revenue outlook of approximately $15 billion to $16 billion, below Wall Street consensus, the stock price declined.
Q: When did Intel allegedly mislead investors? A: The investigation concerns statements made before Intel's below-consensus fourth-quarter 2026 revenue outlook that allegedly caused investors to purchase INTC securities at inflated prices.
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: What if I live outside the United States? A: U.S. securities investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence.
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CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire