alessandro@lemmy.ca to

PC Gaming@lemmy.caEnglish · 2 days ago

Intel crashes 29% in worst day since 1974, wipes $140B

worldbusinesswatch.com

592

Intel crashes 29% in worst day since 1974, wipes $140B

worldbusinesswatch.com

alessandro@lemmy.ca to

PC Gaming@lemmy.caEnglish · 2 days ago

Intel shares plunged 29% on weak Q4 guidance, an Israel fab shutdown and PC slump, wiping $140B in value in the worst day since 1974.

Chat

Bubbaonthebeach@lemmy.ca
link
fedilink
English
arrow-up
20·
2 days ago
Another way to say that stock had become extremely overvalued and may be getting back to reality?
- UnderpantsWeevil@lemmy.world
  link
  fedilink
  English
  arrow-up
  1·
  22 hours ago
  More that they lost an enormous amount of Capex to the Iran War all of a sudden.

PC Gaming@lemmy.ca

pcgaming@lemmy.ca

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !pcgaming@lemmy.ca

For PC gaming news and discussion. PCGamingWiki

Rules:

Be Respectful.
No Spam or Porn.
No Advertising.
No Memes.
No Tech Support.
No questions about buying/building computers.
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates. (Submissions should be from the original source if possible, unless from paywalled or non-english sources. If the title is clickbait or lacks context you may lightly edit the title.)

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1.18K users / day
3.93K users / week
6.22K users / month
10.9K users / 6 months
1 local subscriber
15.8K subscribers
3.66K Posts
42.6K Comments
Modlog