EconomyIntel stock plunges, wiping $12 billion off government stake
Intel is under pressure from weak PC sales as the AI industry consumes memory and other components, pushing up PC prices. The company’s stock plunge cut $12 billion from the value of the government’s stake.
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TechCrunch★★★☆☆2026-10-30 21:54Original
Intel stock plunges, wiping $12 billion off government stake
Economy