Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown
Published . Updated .
Intel Corp. somehow managed to beat expectations despite facing softness in the personal computer market, but its weak forecast for the current quarter sparked panic among investors, and its stock plunged more than 22% in late trading today.
Directly affected
- INTC Intel
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR
Technology Select Sector SPDR holds the technology sector that Intel belongs to, so it often moves with news about it.
- AVGO Broadcom
Broadcom is a peer of Intel in semiconductors and related devices; rivals often move on the same news.
- MU Micron Technology
Micron Technology is a peer of Intel in semiconductors and related devices; rivals often move on the same news.
- AMD Advanced Micro Devices
Advanced Micro Devices is a peer of Intel in semiconductors and related devices; rivals often move on the same news.
- AMAT Applied Materials
Applied Materials is a peer of Intel in semiconductors and related devices; rivals often move on the same news.
- TXN Texas Instruments
Texas Instruments is a peer of Intel in semiconductors and related devices; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| INTC | -5.56% | +1.81% | base | after close | after close | after close | after close |
| XLKNo price data for this ticker | — | — | — | — | — | — | — |
| AVGO | -6.76% | -0.76% | base | after close | after close | after close | after close |
| MUNo price data for this ticker | — | — | — | — | — | — | — |
| AMD | -8.77% | -1.13% | base | after close | after close | after close | after close |
| AMAT | -10.54% | -6.12% | base | after close | after close | after close | after close |
| TXNNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown SiliconANGLE
Source: SiliconANGLE
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMAT | three days earlier | -6.12% | final price |
| AMAT | five days earlier | -10.54% | final price |
| AMD | three days earlier | -1.13% | final price |
| AMD | five days earlier | -8.77% | final price |
| AVGO | three days earlier | -0.76% | final price |
| AVGO | five days earlier | -6.76% | final price |
| INTC | three days earlier | +1.81% | final price |
| INTC | five days earlier | -5.56% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Intel (INTC) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Intel (INTC), worth $100,001 - $250,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Intel (INTC) (held by a spouse), worth $1,001 - $15,000 on 3 Aug 2026. That is 88 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a dependent child), worth $15,001 - $50,000 on 23 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Broadcom (AVGO), worth $1,001 - $15,000 on 16 Sep 2026. That is 44 days before publication. Filed 12 Oct 2026. View the filing.
- Sen. John Boozman sold Micron Technology (MU) (jointly held), worth $1,001 - $15,000 on 24 Sep 2026. That is 36 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. John Boozman sold Micron Technology (MU) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 21 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Micron Technology (MU), worth $250,001 - $500,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Advanced Micro Devices (AMD), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Advanced Micro Devices (AMD), worth $1,001 - $15,000 on 18 Aug 2026. That is 73 days before publication. Filed 10 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown” scores 12 out of 100. The score uses 1 sources.