Intel shares fall 28.6% after weak outlook and Israel factory shutdown
Money & power · Curated reporting
Source report: 2026-10-30 · Event: 2026-10-30
Read original story ↗Intel shares closed down 28.6% on October 30 after the company forecast weaker fourth-quarter results and disclosed disruption at its factory in Israel. The selloff came despite stronger-than-expected third-quarter earnings. Intel said PC-market weakness and manufacturing constraints would weigh on its outlook, while the factory stoppage added costs and delayed production.
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