Geopolitics Alpha

‘We thought the worst was over’: Intel Israel workers fear layoffs after 30% stock plunge

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‘We thought the worst was over’: Intel Israel workers fear layoffs after 30% stock plunge

Deadly blast at Intel's Kiryat Gat factory and historic Wall Street selloff rattle chipmaker's 8,000 Israeli employees; as production resumes after 2-week shutdown, workers fear renewed layoffs despite company's insistence recovery remains on track

Directly affected

  • INTC Intel-46.0% 30d

    Named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-12.3% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF-15.7% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story.

  • EIS iShares MSCI Israel ETF-1.2% 13d

    iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israel”).

  • ASML ASML Holding N.V+1.0% 18d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.

  • NVDA Nvidia-9.9% 30d

    Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.

  • TSM Taiwan Semiconductor Manufacturing-8.8% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.

  • AVGO Broadcom-10.1% 30d

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
INTC+37.63%+45.22%baseafter closeafter closeafter closeafter close
SMH+3.57%+8.65%baseafter closeafter closeafter closeafter close
SOXX+4.40%+10.71%baseafter closeafter closeafter closeafter close
EISNo price data for this ticker———————
ASML+1.58%+6.31%baseafter closeafter closeafter closeafter close
NVDA+5.49%+5.17%baseafter closeafter closeafter closeafter close
TSM+4.53%+8.29%baseafter closeafter closeafter closeafter close
AVGO+0.96%+7.89%baseafter closeafter closeafter closeafter close

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.

Market Call

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‘We thought the worst was over’: Intel Israel workers fear layoffs after 30% stock plunge Ynetnews

Source: Ynetnews

This story

CompanyWhenMoveStatus
ASMLthree days earlier+6.31%final price
ASMLfive days earlier+1.58%final price
AVGOthree days earlier+7.89%final price
AVGOfive days earlier+0.96%final price
INTCthree days earlier+45.22%final price
INTCfive days earlier+37.63%final price
NVDAthree days earlier+5.17%final price
NVDAfive days earlier+5.49%final price
SMHthree days earlier+8.65%final price
SMHfive days earlier+3.57%final price
SOXXthree days earlier+10.71%final price
SOXXfive days earlier+4.40%final price
TSMthree days earlier+8.29%final price
TSMfive days earlier+4.53%final price

Trades by members of Congress and officials in the stocks in this story

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

“‘We thought the worst was over’: Intel Israel workers fear layoffs after 30% stock plunge” scores 12 out of 100. The score uses 1 sources.