Browsing: Intel

Shopify (SHOP) is down 10% today after its third-quarter report, less than a week after Intel (INTC) fell 29% on its own.

Shopify (SHOP) is down 10% today after its third-quarter report, less than a week after Intel (INTC) fell 29% on its own.

Intel (NasdaqGS: INTC) has joined a US$700 million funding round for AI startup Hark, alongside Nvidia and AMD Ventures.

Wall Street mostly swept up last week’s tech wreckage Monday. Chip stocks kept tracking mud back through the house.

Intel(NASDAQ: INTC) shares collapsed after the chipmaker issued weak Q4 guidance amid a slowdown in the PC market. Before its earnings report, the stock had been on a huge run, up about 150% year-to-date, benefiting from the rise of agentic artificial intelligence (AI) and the sudden surge in demand for server central processing units (CPUs).

Shares ofIntel(NASDAQ:INTC) plunged more than 28% on Friday after the chipmaker’s fourth-quarter revenue and earnings guidance drove traders to the exits.

Intel’s data center business just grew almost 80% in a year. Its outlook for the fourth quarter just handed the stock its worst day in more than half a century, erasing nearly $140 billion in market value Friday.

Intel’s data center business just grew almost 80% in a year. Its outlook for the fourth quarter is sending the stock toward one of its worst days in half a century, erasing more than $100 billion in market value Friday.

US stocks sank in the final trading day of the month as earnings from Amazon (AMZN) and Alphabet (GOOG, GOOGL) this week rekindled concerns about the amount of money Big Tech is spending on its AI ambitions.

Intel’s data center business just grew almost 80% in a year. Its outlook for the fourth quarter is sending the stock toward one of its worst days in half a century, erasing more than $100 billion in market value Friday.