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AI IntelligenceOct 31, 2026Primary Market
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Intel · ~$12B · Intel

Intel shares fall 28.58%, worst day since 1970s, on weak guidance: Intel stock closed down 28.58% on Friday, its worst day since the 1970s, after the chipmaker issued weaker-than-expected guidance. The drop wiped about $12B off the US government's stake, CNBC reported.

Frontier EditorialSource: Techmeme
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Intel shares fall 28.58%, worst day since 1970s, on weak guidance: Intel stock closed down 28.58% on Friday, its worst day since the 1970s, after the chipmaker issued weaker-than-expected guidance. The drop wiped about $12B off the US government's stake, CNBC reported.