DFace News📊 Intel shares see steepest drop in five decades
Intel reported third-quarter earnings that actually beat analyst expectations, yet its stock suffered its worst single-day crash in 50 years. The selloff was driven by the company's warning of a prolonged slump in the PC market, which overshadowed any positive news about demand for its AI chips. For investors, the contrast highlights how even a legacy chip giant can be punished when its core…
Source: Decrypt