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Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown

Context: Intel beat expectations but gave a weak forecast blamed on PC softness, and its stock fell more than 22% in late trading.

From SiliconANGLE: Intel Corp. somehow managed to beat expectations despite facing softness in the personal computer market, but its weak forecast for the current quarter sparked panic among investors, and its stock plunged more than 22% in late trading today.

Source
SiliconANGLE (siliconangle.com)
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First seen here
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Thursday, October 29, 2026, ranked 28
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A publication reported this; the company may not have confirmed it.
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