Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered a global semiconductor selloff, with Nvidia, AMD and other chip stocks declining as weak PC demand and rising AI infrastructure costs…
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October 30, 2026 at 5:07 PM
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Economic Times
Excerpt from Economic Times.
