November 5, 2026
Business

Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff(Soban News)

Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered a global semiconductor selloff, with Nvidia, AMD and other chip stocks declining as weak PC demand and rising AI infrastructure costs weighed on sentiment.

​Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered a global semiconductor selloff, with Nvidia, AMD and other chip stocks declining as weak PC demand and rising AI infrastructure costs weighed on sentiment. by Soban News (international And National News)

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