FeesSafety
Pluang+

Intel CEO buys $9.7M stock after shares plunge nearly 50% in a month

Market News
05 Nov 2026, 13:27 WIB
Finbold
View Source
Bearish
Intel CEO buys $9.7M stock after shares plunge nearly 50% in a month

Intel CEO Lip-Bu Tan purchased $9.7 million worth of Intel shares amid a steep 50% monthly drop in the stock price following disappointing Q4 revenue and earnings guidance. This marks his second significant buy this year, signaling confidence despite the stock's recent 36.7% plunge after earnings missed analyst expectations. The move may indicate insider belief in a potential recovery, though shares continue to face downward pressure, trading near $57 and risking a fall below $50.

As of Nov 05, 2026 18:41 WIB, Intel shares on Pluang trade at USD 57.29, down 1.68% for the day, with a market cap of $309.71 billion. Despite recent insider buying, the stock faces selling pressure with 38% of Pluang orders to sell versus 62% to buy. The typical holding period on Pluang is 116 days, indicating moderate investor patience amid volatility.

More News (INTC)

AMD faces rising competition as Intel's server CPU and Broadcom's custom AI chips gain ground.

AMD faces rising competition as Intel's server CPU and Broadcom's custom AI chips gain ground.

AMD is under pressure not only from Nvidia but also from Intel and Broadcom. Intel reported its strongest data center growth in 15 years, boosting demand for its Xeon server CPUs, directly competing with AMD's EPYC processors. Meanwhile, Broadcom's c...

Neutral
23 hours ago
Options traders use a neutral spread strategy on AMD ahead of earnings amid volatile tech sector.

Options traders use a neutral spread strategy on AMD ahead of earnings amid volatile tech sector.

AMD stock has faced pressure recently due to disappointing tech earnings from rivals like Intel and Amazon, causing significant drops. Ahead of AMD's earnings report, options traders are employing a neutral strategy by selling put and call spreads to...

Technical Signals
Neutral
1 day ago
Intel stock drops below $60 amid weak outlook despite strong data center growth and analyst optimism.

Intel stock drops below $60 amid weak outlook despite strong data center growth and analyst optimism.

Intel's stock has fallen more than 57% from its peak in June, closing below $60 for the first time since April, wiping out around $440 billion in market value. Despite a strong third-quarter revenue growth driven by its data center business, the comp...

Market News
Bearish
1 day ago
Chip stocks rebound with AMD up 5% ahead of Q3 earnings report.

Chip stocks rebound with AMD up 5% ahead of Q3 earnings report.

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...

Bullish
2 days ago
Intel faces sharp selloff as weak PC outlook and high costs pressure earnings and cash flow.

Intel faces sharp selloff as weak PC outlook and high costs pressure earnings and cash flow.

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 expectatio...

Company Fundamentals
Bearish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App