Intel on course for worst day ever, triggers global chip rout
Oct 30 : Intel tumbled 29 per cent on Friday and was on track for its sharpest one-day decline, deepening a broader retreat in technology stocks as investors grew increasingly wary of weakening PC demand and the vast spending required to build out AI infrastructure.The steep fall put the US chipmaker on track
Intel on course for worst day ever, triggers global chip rout
Oct 30 : Intel tumbled 29 per cent on Friday and was on track for its sharpest one-day decline, deepening a broader retreat in technology stocks as investors grew increasingly wary of weakening PC demand and the vast spending required to build out AI infrastructure.The steep fall put the US chipmaker on track
Intel warning sparks chip rout as PC weakness clouds turnaround
Oct 30 : Intel's shares slumped 25 per cent in premarket trading after the chipmaker forecast a bleak quarter and warned of persistent weakness in the personal computer market through at least the first half of 2027, sparking a selloff in global chip stocks.The decline puts the US chipmaker, which forecast fo
Intel warning sparks chip rout as PC weakness clouds turnaround
Oct 30 : Intel's shares slumped 25 per cent in premarket trading after the chipmaker forecast a bleak quarter and warned of persistent weakness in the personal computer market through at least the first half of 2027, sparking a selloff in global chip stocks.The decline puts the US chipmaker, which forecast fo
last updated on 30 Oct 20:21