Intel's recent earnings report triggered a significant stock selloff due to a weak outlook for its PC business, which remains its core despite growth in AI and data centers. The company expects Q4 revenue and gross margins to fall short of expectations, with PC segment revenue projected to decline over 20% quarter-over-quarter and continuing weakness into the first half of fiscal 2027. High memory prices are driving the global PC slowdown, and Intel's aggressive capital expenditures of $9.8 billion in Q4 and potentially $30 billion in FY2027 will likely push free cash flow into negative territory. Despite a 45% drop in stock price, the valuation remains high, leading to a cautious upgrade from 'Strong Sell' to 'Hold'.
Intel's stock price on Pluang stands at USD 62.37 as of Nov 03, 2026 21:12 WIB, recovering somewhat with a 4.00% gain in one day despite the recent 45% drop noted in the article. This price remains well below its 52-week high of USD 140.94 but significantly above the 52-week low of USD 33.62. Investors on Pluang show a slight buying preference with 58% buy orders compared to 42% sell orders, reflecting mixed sentiment amid the company's challenging outlook.
Chip stocks are recovering after a recent selloff, with AMD shares rising 5% ahead of its Q3 2026 earnings report expected after market close on November 3. Intel and Marvell stocks also gained, despite Intel's weak outlook that triggered the earlier...
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 ...
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...
