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Today — 29 October 2026Main stream

Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

✇NYT - Home Page
By: Don Clark
29 October 2026 at 21:17
The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

© Loren Elliott for The New York Times

A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.

Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

✇NYT - Technology
By: Don Clark
29 October 2026 at 21:17
The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

© Loren Elliott for The New York Times

A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.
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