• supersquirrel@lemmy.ca
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    3 hours ago

    A factory accident in Israel has shut production long enough to dent server chip shipments, while soaring memory prices are squeezing PC demand. The 28.6% drop erased about $140 billion in value and triggered a wave of downgrades. The stock is still up sharply for 2026, but has now given back about half its value since its June peak.

    • Greg Clarke@lemmy.ca
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      7 hours ago

      Intel stock is up over 200% over the last 2 years (even with this 29% drop) so it’s way too early to say it’s popped.

    • [object Object]@lemmy.ca
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      7 hours ago

      I just invested a lot of money and reallocated my entire portfolio, so probably.

      (Not in Intel, not in us stocks)