Why Intel’s stock is sinking toward its worst drop in two years Why Intel’s stock is sinking toward its worst drop in two years Intel’s PC business is under pressure as memory-chip prices dent demand and as corporate IT teams have less budget for laptops Intel could shed $100 billion in market cap if current declines hold. Intel’s stock is pacing toward a double-digit drop as a PC slowdown spooks investors. The company blamed a weak personal-computer market for a revenue forecast that came up well shy of what analysts were expecting Thursday.
Intel’s outlook for the December quarter calls for between $15 billion and $16 billion of revenue, below the $17.1 billion FactSet consensus view. Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 The midterms are crucial to the future of Social Security — no matter how old you are Sandisk sees revenue nearly quintuple —and a stock split is on the way ‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings.
Why not spend, spend, spend? My wife cried when I found out she had only $80,000 in her 401(k). Am I wrong to be shocked?
Britney Nguyen is a tech reporter covering Nvidia, chips and AI. You can find her on X at @britneycath. Intraday Data provided by FACTSET and subject to terms of use.
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