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Technology

Intel shares plunge 20% as it signals slower growth amid PC market under pressure

Marcus Chen
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN

Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.

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Managing Editor · Thursday, October 29, 2026 at 8:09 PM · 1 min read
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Intel shares plunge 20% as it signals slower growth amid PC market under pressure — Toronto Technology news

Intel INTC-Q forecast quarterly revenue and profit below Wall Street estimates on Thursday, as a factory explosion in Israel and a prolonged slowdown in the PC market offset strong demand for ⁠its AI ​server chips, sending its shares down more than 20% in extended trading.

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