Intel Plummets 23% as Weak Guidance Overpowers Q3 Earnings Beat

The post Intel Plummets 23% as Weak Guidance Overpowers Q3 Earnings Beat appeared first on Coinpedia Fintech News

Intel Corporation stock (Nasdaq: INTC) has dropped a massive 23.04% in after hours to trade at $70.86 after communicating severe Q4 guidance cuts, prolonged slump in personal computer (PC) demand and manufacturing disruptions. Intel Q3 2026 earnings report summary  Intel’s performance outdid Wall Street estimates across several financial benchmarks. Net revenue came in at $16.51 …