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Intel Sinks 29% On Earnings—As AI Spending Fears Worsen Tech Selloff

ForbesView source article

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Intel stock crashes 28% on weak earnings and AI headwinds

Intel shares suffered one of their worst single-day declines ever, falling approximately 28% after the chipmaker reported disappointing results and warned about AI-driven slowdown in PC market.

Oct 29, 2026·3 sourcesTeslaCompute, chips & AI infrastructureOctober 2026 AI stock sell-offAI chipsAI investmentAlphabetSemiconductor industrial policyU.S. stock marketMetaCHIPS ActFinancial marketsMicrosoftAI bubble
Intel stock crashes 28% on weak earnings and AI headwinds
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Other sources for this story

Techcrunch

Intel’s stock crashes, knocking $12B from government’s stake

The Wall Street Journal

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