Intel Announces Agreement to Acquire Classiq Technologies

Stock Market Today, Oct. 30: Intel Plunges Nearly 29% as Weak Outlook Rattles Wall Street

Intel shares plummeted 28.58% on Friday despite beating Q3 earnings expectations, driven by disappointing Q4 guidance citing weakening PC demand and manufacturing constraints. The sell-off rippled through the semiconductor sector, with AMD and Nvidia also declining. However, Intel's Data Center and AI division showed strength with 78% year-over-year revenue growth, suggesting challenges are concentrated in PC markets rather than data center demand.

Alphabet Posts Worst Week Since 2011, Intel Suffers Record Crash as Warsh Sees 'Cracks': This Week on Wall Street

Alphabet logs its worst week since 2011 and Intel its worst day ever as the AI trade cracks, while health care posts a record month against the market.

DA Davidson Maintains Neutral on Intel, Lowers Price Target to $70

Rosenblatt Maintains Sell on Intel, Lowers Price Target to $70

Schall, Brown & Schwartz LLP Announces Investigation into Intel Corporation

Shareholder rights litigation firm Schall, Brown & Schwartz LLP has launched an investigation into Intel Corporation regarding potential violations of securities laws.

Wells Fargo Maintains Equal-Weight on Intel, Lowers Price Target to $80