{
  "id": 17406237,
  "title": "Intel Suffers Worst Stock Crash in Over 50 Years",
  "url": "https://urgent.news/2026/10/31/intel-suffers-worst-stock-crash-in-over-50-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T12:42:00.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/31/intel-suffers-worst-stock-crash-in-over-50-years/"
  },
  "original_language": "en",
  "account": "Intel experienced its largest stock market crash in over half a century on Friday, October 30, following a poor earnings forecast. The chipmaker's shares plummeted 28.6%, dropping the company's market value by more than $140 billion in a single trading session. Intel's stock closed at $65.76, wiping out nearly $140 billion in market value. The US government's investment in Intel, acquired in August 2025, also lost approximately $11 billion to $12 billion due to the stock decline. Intel attributed the crash to weaker demand for personal computers, rising memory prices, and substantial spending on chip manufacturing. The company forecast fourth-quarter revenue between $15 billion and $16 billion, lower than analysts' expectations of around $17 billion. Intel also warned that its gross profit margin would drop from 43% to approximately 37% in the fourth quarter, indicating a smaller percentage of revenue remaining after production costs. The disappointing forecast led to a major sell-off, with investors concerned about Intel's ability to sustain growth.",
  "summary": "Intel suffered one of its biggest stock market crashes on Friday, October 30, as its shares plunged 28.6% following a … Read More The post Intel Suffers Worst Stock Crash in Over 50 Years appeared first on ProPakistani .",
  "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."
}