Intel's stock continues to plummet as the company faces challenges, with analysts criticizing its performance and forecasting further declines. Intel's shares closed down 9.2% and hit their lowest price since July. The company reported dismal first-quarter earnings, leading to concerns about its ability to compete in the chip industry. Analysts express doubts about Intel's turnaround efforts and predict it will underperform in the next 12-18 months. Various factors, including a weak forecast, deteriorating margins, and loss of market share to competitors like NVDA and ARM, contribute to Intel's struggles.