Intel stock crashes 28.6% in worst day since 1974, erasing $12B US stake
Weak guidance and AI-spending jitters triggered Intel's steepest one-day drop in 52 years, hitting the US government's equity stake.
What to know
- Intel's stock fell about 28.6% on October 30, 2026, its worst single-day decline since 1974, after issuing weaker-than-expected Q4 guidance.
- The crash erased roughly $12 billion from the US government's equity stake in Intel and wiped out well over $100 billion in market capitalization.
- A shutdown at an Intel plant in Israel and broader concerns about AI-driven spending across big tech compounded the selloff.
- Analysts are advising against buying the dip, citing continued uncertainty over how far Intel's downturn will extend.
Intel Chipmaker at center of the selloffUS government Equity stakeholder in IntelKim Forrest Founder and CIO, Bokeh Capital Partners
How it unfolded 6 developments, newest first · click a bar or a number to jump articlesvideospostscomments
-
6
Bloomberg TV frames rout as a read on the broader tech trade
On Bloomberg Television, Bokeh Capital Partners CIO Kim Forrest said it was too early to call a bottom in Intel shares and that the drop's significance for the wider tech trade would take time to assess.
“you can't call when the knife is falling…”
— Kim Forrest -
first by Forbes, 9d ago
-
J
Who would have thought that a hyperfixation on # AI to the detriment of literally all your other customers might backfire if AI didn't perform as expected. Imagine how incompetent you have to be to do this to a successful company. https:// finance.yahoo.com/markets/arti…
2 more of the top 3 · 42 posts in this stretch
-
Intel has lost its engineering culture and one day it will have to pay the ultimate price for letting it happen. I don't think that day is in 2026 but it's in the near future.What no one is talking about so far is how Intel used to be a strong engineering culture but then turned into an incestious den of bean counting MBAs executing HBS management…
-
I hate Trump he's wrong every time, but I agree with that. Wasting tax dollars to get another countries fabs to be here that doesn't give us any pricing or national security benefits and wanta to pay poorly vs Intel for fab workers, is a dog shit idea and waste of money. Intel or bust imo if Intel fails and we are unable to save them no matter how…
-
-
5
Analysts urge caution against buying the dip
Following the crash, analysts cautioned investors against treating the drop as a buying opportunity, pointing to continued uncertainty over Intel's outlook.
-
1 outlet first by CNBC, 8d ago · read ↗
-
-
4
Intel closes down 28.58%, worst day since the 1970s
Intel stock finished the session down 28.58%, its worst close in roughly 52 years, erasing about $12 billion from the US government's equity stake in the company.
-
3 outlets first by CNBC, 9d ago · also MarketWatch, Dow Jones Newswires · read ↗
-
2 outlets first by CNBC, 8d ago · also Yahoo Finance · read ↗
-
-
3
Israel plant shutdown cited as added drag on shares
Coverage noted a shutdown at an Intel manufacturing plant in Israel as a contributing factor to the selloff, alongside the weak guidance and AI-spending worries.
-
D
I'll never forget sitting in a Maine diner a few weeks before the 2016 election and overhearing a waitress tell someone she was thinking of voting for Trump because he was a "successful businessman". "Intel stock heads for worst day in more than 50 years, wiping $12 billion off government’s stake" https://www. cnbc.com/2026/10/30/amazon-int…
-
-
2
Intel shares plunge up to 30% intraday
Intel stock fell as much as 26-30% during the trading session, putting it on pace for its worst day since 1974 amid weaker-than-expected guidance and AI-spending concerns across big tech.
-
first by Yahoo Finance, 8d ago · also Investing.com News, Trefis, Yahoo Finance Singapore, HN Frontpage, The Globe and Mail
6 more headlines
- Why is Intel stock sliding today? Investing.com News · 5d ago
- Why Is Intel Stock Falling? Trefis · 5d ago
- The Intel stock collapse is getting worse — and the $3.5 trillion chip rout is spreading Yahoo Finance · 5d ago
- The Intel stock collapse is getting worse — and the $3.5Tchip rout is spreading Yahoo Finance Singapore · 5d ago
- The Intel stock collapse is getting worse — and the $3.7 trillion chip rout is spreading Mastodon · 5d ago
- Intel stock collapse worsens as $3.5T chip rout spreads HN Frontpage · 5d ago
-
first by Yahoo Finance, 9d ago
1 more headline
- Intel plunges as much as 26%, briefly on pace for its worst day since 1974 Yahoo Finance · 9d ago
-
Intel's collapse is INSANE. The stock is down over 27% overnight. The reason: AI is eating the PC market. Memory supply is going to AI data centres. PC prices spike, demand craters, & the slump runs into 2027. The stock doubled this year on AI hopes. AI is what killed it.
-
-
1
Intel shares sink in premarket trading after weak guidance
Following Intel's earnings release, reports flagged shares sinking toward their worst day in two years, with an estimated $128 billion market-value wipeout taking shape.
-
first by MarketWatch, 9d ago · also Dow Jones Newswires
-
Also covered reported alongside — the timeline has no entry for these yet
-
first by Yahoo Finance, 8d ago · also Decrypt
and 3 smaller pieces
What people are saying 19 voices from 2 sites · best of 44 · verbatim
- Nov 3
-
All this is hogwash. While a massive drop, Intel is still sitting higher than at any point in its history prior to April of this year (except for two very brief dotcom era spikes).Everyone seems to forget that stocks are supposed to reflect real value. This is now just a correction of insanely inflated value since April.
-
Intel is particular: they managed to keep appearing to investor as a CPU leader,BUT:- they are losing the server to ARM (also thanks to Apple because now many devs use ARM as well)- AMD is strong on the PC, while Apple (15% market share) is ARM- They failed to make a dent in the GPU marketSo, Intel has got no more area of leadership. No more in…
-
They want to KILL RAM so ppl are connected online all the time and RAM (which is basically your main access memory which his used when you are working live on a PC) can bee accessed by these terrorists and they can keylog and spy on you..
-
Modern MBAs have this weird idea that there is an infinite amount other companies to replace what they break. That's why they're so carefree about stripping the copper wire out of their own companies.
- Nov 2
-
The lack of self awareness of HN posters thinking that these 'dumb finance people' can't understand how 'chips are made'.Good gosh. Goldman probably has 50-100 people, inc. maybe 20 Engineers just on that alone, full time.And yes, Intel can fail 100%. They can absolutely go into receivership and/or be broken up and bought for pennies by other…
-
AMD is taking advantage of this by forcing 5-day RTO for almost all employees (including 90% of people that thought they were remote but were marked as "hybrid") in January w/ 3 months notice and a to-be-announced 3-4% layoff concentrated the AI group that maintains ROCm. The stock price caused employee compensation to skyrocket and now they want…
-
don't worry when the bubble pops the hardware will be at a great discount Joking aside remember that AI is still in it's baby steps when it comes to profit seeking. For example, advertising spending on AI is going to replace a lot of the other internet ad spend, and be more profitable because it will be more effective.
-
FYI there is a reason for that.Stocks are valued as the sum total of all the money they ever make.So $1/year - the are worth infinity.But due to 'time value of money' (aka some risk free discount rate you can put your money elsewhere at get the same return for no risk, like your bank account), then the infinite sum of those $1 / year is some…
-
> Intel, like Boeing cannot fail.Failure here is getting restructured and people losing money in the stock market, which I guess is so detached from the actual companies and reality that it might as well be a polymarket bet (I mean overall stock market and not intel specifically).
-
There will be a company using Intel's fabs to make chips 5, 10 or 20 years from now. Because it is in the national interest of US to make sure that happens.It is not in the national interest to make sure that the Intel common stock remains valued above 0. Plenty of companies that are of national interest were saved directly from bankruptcy, by…
-
Yup we live inside an ever growing noise factory thanks to modern news/social media attention harvesting dynamics. All sides are using it on autopilot.The systems are optimized for pumping more and more bits out. Not to measure/reduce noise and increase signal.Individually its easier to tune it out.Intel was at 15 bucks for multiple years post its…
-
Huh, I'm used to "stock collapses" headlines being a 2% daily fluctuation. Actually down 50% over the past month. But then again, up 50% over the past year. Sure is great when stocks of companies that are foundationally important to the world economy are being traded like meme stocks.
-
The big question I have, why isn't Nvidia's stock falling quickly ? Nvidia's GPUs are the most in demand chip for AI. Seems Nvidia stock is also falling, but not as much. I would think it would fall almost as quickly as Intel.I wonder if something else is happening to IntelNvidia Stock:https://finance.yahoo.com/quote/NVDA/Intel Stock:
-
Right, it is a matter of national security and the gov wont let them go to 0. Despite their mismanagement over the past decade and a half, they're rebuilding and still an important company.
-
Where are the boards, assembly and packing done? This will be China, Taiwan, or south east asian countries, depending on the board partner. if you get an MSI RTX 5080, it'll say made in China.
-
And 90% of the world's advanced microchip processing is closer to China then Sanfran is to LA. If you were gaming that out, is that not the first tap you turn off?
- Oct 31
-
Oh, I'm sorry for using the edit button that the website provides me with. I'll take being cognitively impaired if that's how you describe anyone concerned with socialism
-
Any reason the site isn't on cloudflare pages? Assuming the frontend is a mix of static content and user posts/comments, you could get around high traffic by keeping the static stuff prebuilt and the dynamic stuff fetched only for users with a valid login. Cloudflare doesn't charge for egress, so if the 1.6m bots can only fetch the homepage, then…
- Oct 30
-
And the answer (to the lost profits) is to cram ads into the AI answers, which defeats the entire reason people have been usually it: to sift through Google's terrible search and ads to find anything useful.