Tuesday, 5 August, 2025
Fitch Downgrades Intel’s Credit Rating to BBB Amid Weak Demand and Rising Competition
Fitch Ratings has downgraded Intel’s long-term issuer default rating from BBB+ to BBB with a negative outlook, citing softening demand, intense competition from AMD, Broadcom, NXP, and execution risks. Intel’s weak credit metrics require stronger market traction, successful product rollouts, and debt reduction over the next 12–14 months to regain its rating. Fitch noted Intel still maintains strong liquidity—$21.2 billion in cash plus available credit lines.
Read full story at Economic Times