# Intel shares plunge nearly 30% in worst day since the 1970s after soft Q4 outlook overshadows AI chip demand

For the eighth quarter running, Intel beat its own targets. A day later, the stock had lost close to 30% of its value.The chipmaker's fourth-quarter forecast landed well under what Wall Street had expected, and shares ended Friday at $65.76. The sell-off erased more than $146 billion in market value

| Fact | Value |
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| Published | 31 October 2026 |

Source: https://egamers.io/intel-shares-plunge-nearly-30-in-worst-day-since-the-1970s-after-soft-q4-outlook-overshadows-ai-chip-demand/