Jim Cramer Admits He Was Wrong About Intel as Stock Plunges 29%

Jim Cramer Admits He Was Wrong About Intel as Stock Plunges 29%

Jim Cramer publicly reversed course on Intel the morning after a quarter that actually beat Wall Street expectations, and his reason touches on a supply crisis that may run far longer than the company admits.

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

Intel's steepest sell-off in decades rattled the semiconductor industry, but its latest earnings reveal a surprising divide between strong demand and mounting challenges.

Intel plunges 29% on weak Q4 guidance (INTC:NASDAQ)

Intel shares plunged 29% after weak Q4 guidance overshadowed an earnings beat.

Intel plunges 29% as investors lose patience with costly AI spending and weak guidance

Stocks fell sharply as investors reassessed heavy AI spending, with the Nasdaq dropping 2.86% and Intel plunging 29% after issuing weaker-than-expected guidance.

Intel Shares Plunge 30% in Historic Drop, Triggering Global Chip Selloff

Intel shares plunged 30% on Friday, putting the chipmaker on course for its steepest single-day decline on record as disappointing revenue guidance, weakening PC demand ... The post Intel Shares Plunge 30% in Historic Drop, Triggering Global Chip Selloff first appeared on [your]NEWS.

Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings

The post Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings appeared first on Coinpedia Fintech News Intel shares plunged about 30% on Friday to around $63.56, heading for their steepest one-day fall since 1974, after the chipmaker issued a weak outlook. Intel expects fourth-quarter adjusted earnings of 25 cents a share on revenue of $15 billion to $16 billion, far below forecasts of 43 cents and $17.1 billion. C…