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Intel's Stock Plummets 20% Amid PC Market Decline and Weak Forecasts

Technology News

Intel's Stock Plummets 20% Amid PC Market Decline and Weak Forecasts

Intel stock plunges 20% as chipmaker blames PC slowdown for weak guidance

CNBC

Intel stock plunges 20% as chipmaker blames PC slowdown for weak guidance

Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

Intel shares sink more than 20% as PC slowdown stretches into 2027

Nikkei Asia

Intel shares sink more than 20% as PC slowdown stretches into 2027

PALO ALTO, California -- Shares of U.S. chip giant Intel plunged more than 20% during extended trading Thursday after the company released third-quarter results while cautioning investors the PC...

Intel Stock Suffers Worst Crash in 50 Years as Weak Forecast Overshadows AI Chip Demand

Decrypt

Intel Stock Suffers Worst Crash in 50 Years as Weak Forecast Overshadows AI Chip Demand

Intel beat third-quarter earnings expectations, but warned of a prolonged PC slump, sending shares to their worst daily decline in 50 years.

Intel’s stock crashes, knocking $12B from government’s stake

TechCrunch

Intel’s stock crashes, knocking $12B from government’s stake

Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.

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