'Fast Money' traders react to Intel quarterly results

Summary

Intel shares fell after hours after the company beat quarterly estimates but gave disappointing guidance. CNBC's Kristina Partsinevelos reported that the weak guide stemmed from supply constraints, with gross margins pressured by Panther Lake, and that major foundry customer announcements are unlikely soon. The Fast Money traders debated Intel's valuation, capex funding needs, and competitive position versus TSMC, with several skeptical views on the stock.

• Intel beat quarterly estimates but issued weak guidance, sending shares lower after hours.
• Kristina Partsinevelos says Intel is supply constrained, with the peak in Q1, and margins are pressured by Panther Lake.
• She also says Intel is unlikely to announce big foundry customers soon; a capex increase would be the key signal.
• Fast Money traders question Intel's ability to fund capex without outside support.
• The panel notes revenue fell 4% year over year, margins were mediocre, and the stock trades around 92 times next year's earnings.
• Guy Adami says Intel has run ahead of its opportunity and TSMC is not worried about Intel as a competitor.
• The discussion also touches on SoftBank, NVIDIA, and U.S. government involvement in Intel.