Intel’s $20 Billion Capital Raise Is a Bullish Tell for Its Foundry Business, Analyst Says

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.

Intel Announces Agreement to Acquire Classiq Technologies

Intel has entered into an agreement to acquire Classiq Technologies, an Israeli software startup specializing in quantum computing.

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.