Business
Intel Shares Plunge Following Weak Business Outlook and Market Pressures
The chip giant lost more than a fifth of its market value after issuing a lower-than-expected revenue and profit forecast.
Intel
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Technology
Intel Shares Plunge 20% on Weak Fourth-Quarter Forecast Despite Q3 Beat
The chipmaker reported stronger-than-expected third-quarter earnings and surging data center demand, but issued a disappointing fourth-quarter outlook driven by ongoing weakness in the personal computer market.