Intel shares fell 29% in the October 30 session, their worst since the 1970s, after the company forecast below-expected results for the quarter. It expects EPS of only $0.25 on revenue of $15-16 billion, while analysts polled by LSEG had expected revenue above $17 billion and EPS of $0.43. The outlook also accounts for an early-month explosion at a chip plant in Israel that killed two workers and cost about $600 million in revenue over two quarters, as well as a continued decline in the PC market. The US government's and Nvidia's stakes in Intel lost $12 billion and $6 billion in value, respectively, in that session alone. CEO Lip-Bu Tan said Intel is ready to announce a few customers over the next two quarters and described 'remarkable' progress on its upcoming 14A chips.
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Original headline: Cổ phiếu Intel giảm mạnh nhất 50 năm
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
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