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Intel shares closed down 6.4% on Friday
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The company reported dismal quarterly and full year 2022 results
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The chipmaker posted a 32% year-over-year decline in revenue
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Intel reported a net loss of $644 million for the quarter
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The company is suffering due to weakened consumer demand for PCs
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Intel's troubles include a surfeit of chips and weakening demand for factories
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The company is guiding to an adjusted net loss of 15 cents per share for the upcoming quarter
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Analysts have cut price targets almost across the board
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Intel's CEO Pat Gelsinger took the top job in 2021
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Factors outside Intel's control have contributed to the companys issues
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