Intel shares plunge up to 20% on weak guidance, PC slowdown

Intel's weak AI chip position weighs on its turnaround and the broader PC market.

Intel stock fell as much as 20% after forecasting weaker chip sales, blaming a PC slowdown. Analysts cited its weak position in AI chips, with layoffs and higher laptop costs expected.

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Read it at Financial Times →

Coverage: 5 sources, in order

1. 29 Oct 20:02 Financial Times Read the article →
2. 29 Oct 20:06 CNBC Read the article →
3. 29 Oct 20:31 TechTarget Read the article →
4. 30 Oct 05:57 TechJuice Read the article →
5. 30 Oct 08:55 The Telegraph Read the article →

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