Intel stock fell nearly 29% after a weak fourth-quarter forecast and a PC slowdown warning, dragging chip stocks worldwide lower.
Intel's CFO, David Zinsner, messed up big time, and his company paid for it through its nose, with an excruciating ~30 percent stock price drop on Friday. Zinsner's 'mea culpa' appears all the...
Intel’s turnaround now hinges on proving its foundry strategy can deliver, as customers look for signs the company will add fab capacity and catch TSMC
Intel experienced its worst one-day stock performance since 1974. President Donald Trump's taxpayer investment took a major hit.
The chipmaker’s stock has plunged from around $127 in late September, with a single-day decline of nearly 29% last Friday accounting for much of the latest sell-off. The drop followed a...
The chipmaker's weak forecast and PC slowdown have rattled investors, but server CPU revenue surged 78% and demand is outstripping its ability to supply customers.
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