Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidance

Stocks CNBC By CNBC 29 Oct 2026 21:43 1 min read
Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidance

Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

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