Intel Shares Drop 13% After Weak Guidance

Intel's shares dropped a lot after they told investors they might not make as much money as expected in the next few months.

Even though they made more money than expected in the last few months, they lost more money overall.

The company said they don't have enough stuff to make all the chips people want, but they think things will get better later this year.

Last year, their shares went up a lot because people thought they would get big customers for their chip-making business.

Now, their shares are much lower.

The company also said that the cost of memory parts is going up, which could make things harder for other companies like Apple.