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Intel Stock Plummets Nearly 30% Amid Disappointing Forecast and Industry Concerns

Intel Stock Plummets Nearly 30% Amid Disappointing Forecast and Industry Concerns

Intel Shares Crash Nearly 30% In Biggest One-Day Fall Ever: What Went Wrong With The Chipmaker?
Intel Shares Crash Nearly 30% In Biggest One-Day Fall Ever: What Went Wrong With The Chipmaker?

The sharp decline put Intel on course for its biggest single-day percentage fall and wiped more than $146 billion off its market value, according to Reuters.

Intel Data Center Revenue Jumps 78%, but Weak Q4 Guidance Drags Stock Down 30%
Intel Data Center Revenue Jumps 78%, but Weak Q4 Guidance Drags Stock Down 30%

Intel shares fell roughly 29% on Friday to $65.76 after the company's fourth-quarter outlook came in well below Wall Street expectations. According to CNBC, it was the stock's worst day since the...

Intel stock plunges nearly 30%, its worst day in 52 years
Intel stock plunges nearly 30%, its worst day in 52 years

Oddly enough, the quarter itself went well. Intel beat Wall Street's earnings estimates. Its data center revenue jumped nearly 80% from a year earlier to $7.3 billion, too. But its forecast for...

Jim Cramer issues 'falling knife' warning on top chip stock after Intel's outlook
Jim Cramer issues 'falling knife' warning on top chip stock after Intel's outlook

One thing trading has taught me is that just because a stock has fallen sharply doesn’t mean it can’t fall further. I’ve watched prices drop to levels that looked attractive, only to see them...

Intel stock plunges 20% as chipmaker warns of tough year ahead
Intel stock plunges 20% as chipmaker warns of tough year ahead

Intel (INTC) shares plunged more than 20% in extended trading on Thursday, Oct. 29, after the chipmaker issued a disappointing fourth-quarter forecast and warned that a slowdown in the PC market...

Intel plunges 27% in premarket trading: What went wrong despite beating earnings estimates?

Intel shares plunged nearly 27% in premarket trading on Friday, October 30, after the chipmaker warned of weaker demand for personal computers (PCs), rising memory prices and manufacturing...

Intel on course for worst day ever, triggers global chip rout
Intel on course for worst day ever, triggers global chip rout

Intel sank 30% on Friday and was headed for ​its biggest one-day decline ever, deepening a selloff in tech stocks as weakening PC demand and the soaring costs of the AI boom ‌rattled investors.

Chip Stocks Plunge After Intel's Q4 Warning
Chip Stocks Plunge After Intel's Q4 Warning

Chip stocks plummeted Friday after Intel warned that sluggish personal computer sales would crimp its fourth-quarter results.

Intel shares plunge 25% as weak forecast rattles investors
Intel shares plunge 25% as weak forecast rattles investors

A stronger-than-expected third quarter failed to reassure investors, with disappointing revenue guidance, manufacturing constraints and a weakening PC market raising fresh questions about the...

Intel shares drop after weak forecast over global PC slowdown
Intel shares drop after weak forecast over global PC slowdown

'We see the PC slowdown continuing at least through the first half of next year,' said Intel's CFO.

Intel shares fall 25% after forecast cut and AI-led supply warning
Intel shares fall 25% after forecast cut and AI-led supply warning

"The industry continues to navigate one of the most significant supply shortages in history," Intel CEO Lip-Bu Tan said on an earnings call.

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