PC chip plunge wipes out a quarter of Intel’s value

The Register
By Simon SharwoodOct 29, 2026, 10:42 pm111 ptsTrending
Intel’s share price sank by almost a quarter on Thursday after the company revealed a deep dip in sales of PC processors. The rout began after the silicon-slinger posted Q3 results that included some nice numbers, such as a 21 percent year on year revenue jump to $16.5 billion, helped by 78 percent growth for…

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