Intel's stock dropped 29% in one day, marking its worst monthly performance with a 45% fall in October, due to weaker PC market demand and missed revenue forecasts. The company faces challenges in scaling its foundry business and shifting production capacity to meet server CPU demand amid supply constraints. CEO Lip-Bu Tan remains optimistic about a growing $200 billion server CPU market but must secure major foundry customers soon to improve financial outlook. Intel's future hinges on balancing legacy PC sales with expanding data center chip production and attracting external clients for its advanced manufacturing capabilities.
As of Nov 03, 2026 03:21 WIB, Intel's stock is trading at USD 60.33 on Pluang, down 8.26% in the past day. Despite the recent sharp declines including a 45% drop in October, investor activity on Pluang shows a balanced interest with 42% selling and 58% buying. The company’s market capitalization stands at $349.51 billion, highlighting its significant presence in the technology sector.
In October, major Big Tech companies including Alphabet, Meta, Marvell Technology, and Intel saw significant stock declines, with Intel dropping 44.6%. The selloff is driven by concerns over AI-related borrowing, spending, and the uncertain returns o...
Intel Corporation reported earnings and guidance that met expectations, driven by strong performance in its Server business (DCAI) with $7.3 billion revenue and 80% year-over-year growth. This growth offset weakness in the client segment. Management ...
Intel Corporation was downgraded from Buy to Sell with a price target of $50 by Q2 2027. Despite beating Q3 expectations, Intel's Q4 guidance disappointed due to a forecasted gross margin decline from 44.1% to 38%. The shrinking PC business is outpac...
AMD's stock dropped 3% ahead of its Q3 2026 earnings report following Intel's warning about a prolonged PC market slowdown through mid-2027. Intel's caution has already caused an 11% drop in AMD shares and a 29% plunge in Intel stock. While Intel's d...
Intel's stock dropped 30% following a disappointing Q3 report, reflecting concerns over a 20% decline in the PC market expected in the second half of 2026. The strong pricing and demand seen in the first half of 2026 are fading, with no clear short-t...
