BusinessPhoto: News18 TechIntel Shares Plunge Nearly 30% in Largest One-Day Drop Ever
On October 30, Intel shares fell nearly 30% in a single session, marking the company's biggest one-day percentage drop. The decline erased over $146 billion in market value as investors reacted to Intel's disappointing financial forecast, which projected quarterly revenue more than $1 billion below expectations and no positive cash flow for the year. This sell-off also impacted other tech and semiconductor stocks amid concerns about the AI boom's industry effects.
News18 Tech·



