Business

Intel Stock Plummets Amid Memory-Chip Price Drop

Updated 2026-10-29 23:20 UTC 1 source Negative

Intel's stock is experiencing its worst drop in two years due to declining PC business and reduced demand for memory chips. Corporate IT budgets are also tighter.

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MarketWatch

Why Intel’s stock is sinking toward its worst drop in two years

Intel’s PC business is under pressure as memory-chip prices dent demand and as corporate IT teams have less budget for laptops.

2026-10-29 23:11 UTC