Intel's stock dropped more than 25% after the company forecasted fourth-quarter 2026 revenue of $15-$16 billion, falling over $1 billion short of Wall Street expectations. The decline is attributed to a prolonged slowdown in the PC market, expected to continue into at least mid-2027, with a predicted 10% annual drop in PC unit total addressable market. This outlook triggered analyst downgrades and an investigation by Levi & Korsinsky into potential securities law violations for investors who suffered losses. Affected shareholders, including those who sold at a loss, are encouraged to report their losses and may be eligible for recovery.
Intel Corp trades at USD 55.62 on Pluang as of Nov 06, 2026 22:21 WIB, showing a 6.46% gain in the last day. Despite the recent stock drop mentioned, the platform sees more selling activity at 56% compared to 44% buying. The stock's market cap stands at $277.71 billion, reflecting its significant size in the technology sector.
Chip stocks, led by AMD's 8% gain, are recovering after the semiconductor sector's worst sell-off since 2020, triggered by political fears over U.S. data center policies. Intel and NVIDIA also climbed 5%, but all remain down significantly over the pa...
Chip stocks including Sandisk, AMD, Micron, Western Digital, Seagate, Intel, and Nvidia saw sharp declines, with Sandisk down 20% and others falling over 15%. This selloff pushed the Nasdaq Composite toward its worst day since April 2025. Investors a...
AMD's stock dropped 13% following its strongest and most profitable quarter ever, as investors worry about potential AI regulations from a newly Democratic-controlled US Congress. NVIDIA and Intel also fell 7% and 8% respectively, amid concerns that ...
Intel CEO Lip-Bu Tan recently purchased $20 million worth of Intel shares, but the stock has since declined, showing a paper loss of about $4.8 million. This purchase came shortly after Intel reported weaker-than-expected revenue guidance and warned ...
Intel's stock correction of 40% has reset valuation expectations, leading to an upgrade to Buy despite heavy investment needs through 2027. The company's Q3 results showed a $565 million sequential rise in DCAI operating profit to $3 billion, with hi...
