(Reuters) -Chipmaker Intel Corp (NASDAQ:) Wall Street expects second quarter revenue to be lower than expected on Thursday due to worries about weak demand from PCs and an increase in supply-chain uncertainty as a result of COVID-19 lockdowns.

After-market trading saw shares of the company fall by 5%

According to Refinitiv’s IBES data, the company anticipates revenue in current quarter of approximately $18 billion. This compares with an average analyst estimate of $18.38 trillion.

The rise in inflation and resurgence COVID-19 (China) as well as uncertainties surrounding the war in Ukraine has slowed consumer spending, hurting Intel. Intel saw over half of its sales last year come from the PC processors segment.

Analysts claim that the PC market is now at a crossroads after experiencing astronomical growth in the last two-years. This may be because remote learning and remote working have been triggering high demand for computers during the pandemic.

The chipmaker is likely to suffer from supply-chain disruptions as China lockdowns continue.

According to analysts’ estimates, adjusted revenue in the first quarter of 2008 was $18.4 trillion.