What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Intel Corporation (NASDAQ:INTC) shares have plunged after the company slashed its full-year 2022 guidance and reported second-quarter revenue and profits that missed analyst expectations after the bell on Thursday. Intel shares opened about 10% lower at $35.80 per share on Friday.
moderately negative