Intel shares plummet 30+% following weak guidance blamed on PC market slowdown
Updated with Friday stock price: Intel Corp. somehow managed to beat expectations despite facing softness in the personal computer market, but its weak forecast for the current quarter sparked panic among investors, and its stock plunged more than 30% Friday. The computer chipmaker reported third-quarter earnings before certain costs such as stock compensation of 52 […] The post Intel shares plummet 30+% following weak guidance blamed on PC market slowdown appeared first on SiliconANGLE.
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October 30, 2026