Intel issued second-quarter guidance that fell short of estimates in its earnings report Thursday after the market closed.

Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its outlook,

Intel reported adjusted earnings of 13 cents a share, compared with the consensus call of a penny among Wall Street analysts tracked by FactSet. Revenue cam