@usct.dfw: Intel shares sink after weak sales forecast. Intel shares fell as much as 30% in early trading Friday after the chipmaker forecast fourth-quarter revenue of $15 billion to $16 billion, below analysts' roughly $17 billion estimate. The decline has reduced the value of the U.S. government's 9.9% stake by more than $10 billion. Intel reported data center revenue of $7.3 billion for the latest quarter, but expects PC shipments to fall about 12% this year and another 10% in 2027. #Intel #IntelStock #ChipStocks #Earnings

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Friday 30 October 2026 20:46:46 GMT