Intel Shares Plunge Nearly 30% on Weak Earnings Forecast, Largest One‑Day Drop in 50 Years
Current overview (not historical)
Intel’s stock fell almost 30% after the company released its Q4 earnings, wiping out more than $146 billion in market value. The forecast of $15.0‑$16.0 billion in revenue and an adjusted EPS of $0.25 fell short of analyst expectations of $17.07 billion and $0.43, respectively, sparking investor concern about the firm’s near‑term outlook. Management warned that gross margin would slide from 43% to 37% and that the shift of AI workloads to memory‑intensive workloads would depress PC sales, prompting significant capital expenditures to build new capacity. Intel projected that it would not generate positive cash flow until 2028. The weak outlook also impacted the U.S. government’s stake in the company, with its value declining by about $12 billion. The sharp sell‑off highlights the market’s anxiety over Intel’s ability to compete in the rapidly evolving AI chip landscape.
Written with AI from the reporting · updated 10/30/2026
EventGraph Explorer
One time cutoff for reports, relations and evidence.
New at this step ·Intel Shares Plunge 28% After Lowered Q4 Outlook, Cutting $12 B from U.S. Government Stake
- Reports in replay
- 2
- First-party
- 0
- Sources
- 2
Reports first seen at this step · 1
- TechCrunch · AI · Third-partyIntel Shares Plunge 28% After Lowered Q4 Outlook, Cutting $12 B from U.S. Government StakeOriginal source ↗
Discovery-time replay; the linked graph and evidence share this cutoff. The full overview and activity remain current.
Event developments
1 developments10/31/2026, 5:06:14 AM
Intel Shares Drop Nearly 30% After Q4 Forecast Misses Wall Street ExpectationsDecrypt
Filtered by first discovery; only representative reports already discovered by this cutoff are shown. Story grouping may have changed later, so this is not a complete historical snapshot.
Relations at this time
Loading time-scoped relations…
Bounded reconstruction, not an exact snapshot: entity names, relationship text and story grouping may include later revisions. Overview and full source archive below remain current.
Story route
A station-by-station route from the first public evidence onward; every station carries its own evidence and uncertainty.
- 1Oct 31, 00:00recorded Oct 31, 05:06revised
Intel股价暴跌近30%
Read original source ↗ DecryptReplay this moment in the explorer
Uncertainty marks flag where to check the sources; they are not proven causation.
Full source archive (current)
Current public reports; outside the historical replay.
First-party sources · 0 reports
No verifiable reports in this group yet.
Independent coverage · 2 reports
- TechCrunch · AI · Oct 31, 05:54Intel Shares Plunge 28% After Lowered Q4 Outlook, Cutting $12 B from U.S. Government Stake
Intel’s shares fell about 28% on Friday after the company cut its fourth‑quarter revenue forecast to $15‑$16 billion, below the $17 billion analysts expected, and warned that its gross‑profit margin would drop from 43% to 37%. The decline erased roughly $12 billion of value from the U.S. Treasury’s 10% stake in the company, acquired under the Trump administration. Despite the drop, Intel remains a profitable holding for the Treasury, having risen more than 70% year‑to‑date. The company cited a slowdown in PC sales driven by high memory prices and limited IT budgets, while its data‑center revenue grew 78% YoY. Intel is investing heavily in new fabs—one in Arizona is operational, but the next will not be online until 2028—and expects no positive cash flow until then.
Read original source ↗ - Decrypt · Oct 31, 04:53Intel Shares Drop Nearly 30% After Q4 Forecast Misses Wall Street Expectations
Intel’s stock fell to $65.76, a nearly 30% plunge that erased more than $146 billion in market value, following the company’s fourth‑quarter outlook. Intel projected Q4 revenue of $15 billion to $16 billion—below the $17.07 billion consensus—and adjusted earnings per share of $0.25 versus the $0.43 expected by analysts. The company cited weaker PC demand, manufacturing and packaging constraints that limit AI server processor production, and a factory accident in Israel as key factors. Despite a strong third‑quarter performance, with revenue up 21% to $16.5 billion and a Data Center & AI division generating $7.3 billion, the outlook signals a continued struggle to capitalize on booming AI demand while its traditional PC business contracts. Intel warned that it may not generate positive free cash flow in 2025 and that 2027 will be an investment year.
Read original source ↗
Different reports do not necessarily disagree. Check original sources and publication dates.
Report timeline
Explore every side through dated source reports.
- TechCrunch · AIIntel Shares Plunge 28% After Lowered Q4 Outlook, Cutting $12 B from U.S. Government Stake
Intel’s shares fell about 28% on Friday after the company cut its fourth‑quarter revenue forecast to $15‑$16 billion, below the $17 billion analysts expected, and warned that its gross‑profit margin would drop from 43% to 37%. The decline erased roughly $12 billion of value from the U.S. Treasury’s 10% stake in the company, acquired under the Trump administration. Despite the drop, Intel remains a profitable holding for the Treasury, having risen more than 70% year‑to‑date. The company cited a slowdown in PC sales driven by high memory prices and limited IT budgets, while its data‑center revenue grew 78% YoY. Intel is investing heavily in new fabs—one in Arizona is operational, but the next will not be online until 2028—and expects no positive cash flow until then.
- DecryptIntel Shares Drop Nearly 30% After Q4 Forecast Misses Wall Street Expectations
Intel’s stock fell to $65.76, a nearly 30% plunge that erased more than $146 billion in market value, following the company’s fourth‑quarter outlook. Intel projected Q4 revenue of $15 billion to $16 billion—below the $17.07 billion consensus—and adjusted earnings per share of $0.25 versus the $0.43 expected by analysts. The company cited weaker PC demand, manufacturing and packaging constraints that limit AI server processor production, and a factory accident in Israel as key factors. Despite a strong third‑quarter performance, with revenue up 21% to $16.5 billion and a Data Center & AI division generating $7.3 billion, the outlook signals a continued struggle to capitalize on booming AI demand while its traditional PC business contracts. Intel warned that it may not generate positive free cash flow in 2025 and that 2027 will be an investment year.
Event activity trend
- Latest comparable
- 14
- Comparable peak
- 2010月31日 06:00
- 24h change
- –
The chart compares consistently observed participants only. Hover or tap to inspect each hour; use arrow keys to move between observations.