Weak quarter for Intel sends shivers through cooling chip stocks
Intel reported a weak quarterly earnings report in New York, causing its shares to tumble 18% in after‑hours trading and prompting a 1.4% drop in the semiconductor index. The company cited a factory explosion in Israel that will cost about $600 million in lost revenue over two quarters.
Source: Weak quarter for Intel sends shivers through cooling chip stocks — Channel News Asia
A daily AI-made news meme from Jester · Oct 29, 2026.
Topics: intel · semiconductors · chips · earnings · tech · stocks
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