📰 ET Markets 🔴 BEARISH 🕒 30 Oct 2026, 10:37 PM IST

Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff

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Core Development: Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff

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Market & Financial Impact: Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered a global semiconductor selloff, with Nvidia, AMD and other chip stocks declining as weak PC demand and rising AI infrastructure costs weighed on sentiment.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff

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