{
  "id": 17153717,
  "title": "Chip company: Intel stock plummets after forecast disappointment",
  "url": "https://urgent.news/2026/10/30/chipkonzern-intel-aktie-sturzt-nach-enttauschung-uber-prognose-ab",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-30T00:29:06.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/it-internet/chipkonzern-intel-aktie-stuerzt-nach-enttaeuschung-ueber-prognose-ab/100266028.html"
  },
  "original_language": "de",
  "account": "Intel's value plummeted by over a fifth after the company's business forecast disappointed the stock market. The tech giant attributed the downturn to a surge in memory prices, resulting in fewer PC sales, and supply chain issues with chips for data centers. Intel predicted a revenue of $15-16 billion for the current 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 stock plummeted by around 22 percent in after-hours US trading.",
  "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."
}