{
  "id": 17125913,
  "title": "Chip manufacturer: Intel's forecast disappoints stock exchange – shares plummet",
  "url": "https://urgent.news/2026/10/29/chiphersteller-intel-prognose-enttauscht-borse-aktie-bricht-ein",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T20:41:17.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/it-internet/chiphersteller-intel-prognose-enttaeuscht-boerse-aktie-bricht-ein/100266014.html"
  },
  "original_language": "de",
  "account": "Intel has disappointed the stock market with its forecast for the current quarter. The company's stock plummeted by around a fifth in after-hours trading. Intel predicted revenue of $15-16 billion for the quarter, falling short of analysts' expectations of $17 billion, and a adjusted earnings per share of 25 cents, compared to the expected 43 cents. The company's finance chief, David Zinsner, attributed the slowdown to high memory prices, which have deterred device purchases, and warned that the PC business will be impacted until the first half of 2027.",
  "summary": "The chip giant Intel seemed to be on the road to recovery after a long dry spell. But now high memory prices are causing fewer computers to be bought - and Intel is suffering from it.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}