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Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance

Intel shares slide 21% on sluggish PC demand and weak forward guidance.

By GPU Data Hub Desk · GPU Data Hub·Editorial standards··United States

Shares in Intel fell 21% following disappointing corporate forecasts that executives attributed to persistent weakness across the personal computer market. The sharp drop comes despite recent investor enthusiasm regarding the chipmaker's emergence as an artificial intelligence hardware supplier.

Original source

This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 30 Oct 2026, 00:39. Read the full article at the original publisher.

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