Intel shares plunge 22% after disappointing forecast
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What happened
Intel expects the PC market to shrink by 10% in 2027, following a projected decline of 12% this year. (AFP pic) SAN JOSE: Intel shares have plunged by more than a fifth after the chipmaker issued a disappointing business forecast on Thursday, reported German news agency dpa. (Free Malaysia Today, 11:34)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·30 Oct, 11:34 MYTIntel shares plunge 22% after disappointing forecast
Intel expects the PC market to shrink by 10% in 2027, following a projected decline of 12% this year. (AFP pic) SAN JOSE: Intel shares have plunged by more than a fifth after the chipmaker issued a disappointing business forecast on Thursday, reported German news agency dpa.
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today11:34
Internet reaction
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What we know
- Covered by 1 established outlet(s): Free Malaysia Today
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