Analysis: Intel's wave of optimism crashes amid lacklustre results 

Intel shareholders optimistic following a tumultuous period for the embattled chipmaker

Following poor results, Intel's share price fell by 13% in after-hours trading last week stalling hopes for a turnaround for the chipmaker. 

For the first time in many quarters, Intel shareholders were optimistic following a tumultuous period for the embattled chipmaker.

Betting on new chief executive Lip-Bu Tan, a US government stake in the business, and major investment from Nvidia and Softbank, shareholders believed that this month’s results would be the turnaround.