EconomyIntel stock plunges 20% as chipmaker blames PC slowdown for weak guidance
Intel shares plunged 20%. The chipmaker blamed a struggling PC market for its weak outlook, weighing on a company that has been a Wall Street favorite this year as it emerged as an AI player.
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CNBC★★★☆☆2026-10-29 20:06Original
Intel stock plunges 20% as chipmaker blames PC slowdown for weak guidance
Economy