2026-11-01 21:02:20
Intel Stock Crashes 29.7% to $65.76 on Friday as Q4 Forecast Falls $1.6B Short of Expectations
Intel shares plunged 29.7% to $65.76 on Friday, October 31, wiping out more than $146 billion in market value as the chipmaker issued a disappointing fourth-quarter revenue forecast. Intel expects Q4 revenue between $15 billion and $16 billion, roughly $1.6 billion below Wall Street's $17.07 billion