Intel's 28.6% Drop Deepens US Technology Stock Sell-off
A weak forecast and concern over AI spending added to a difficult session for technology investors.
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28.6% on , their 1974, to the . The for in the of , its had been .
The of a from : the 2.9%. for and at the of the .
are the of will be and it will to . A in on that ; it not by will in the .
Source: Associated Press, 2026-10-30.
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What did Intel report and forecast, and why should a one-day share-price fall not be treated as a final result for AI investments?
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Intel’s latest quarterly profit exceeded expectations, while its final-quarter forecast disappointed analysts. A one-day trading move cannot establish future returns from AI investments.
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