Intel’s 21% Plunge Sparks AI Selloff
📡 Barrons · 1 min read ·
Part of composite article Tech Bloodbath: Intel's Record 21% Crash Erases $12 Billion in Government Stake as Nasdaq Slides View full article →
Intel shares fell 21% after hours, and Alphabet suffered its worst trading day on record, losing $500 billion in market value. The declines came as disappointing results from Intel and Amazon spread concerns about artificial intelligence spending.