{"id":750663,"date":"2026-10-31T15:30:40","date_gmt":"2026-10-31T12:30:40","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/intels-stock-crashes-knocking-12b-from-governments-stake\/"},"modified":"2026-10-31T15:30:40","modified_gmt":"2026-10-31T12:30:40","slug":"intels-stock-crashes-knocking-12b-from-governments-stake","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/intels-stock-crashes-knocking-12b-from-governments-stake\/","title":{"rendered":"Intel&#8217;s stock crashes, knocking $12B from government&#8217;s stake"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Intel\u2019s stock suffered one of its worst days ever on Friday, crashing around 28% after the chip giant reported a weaker-than-expected outlook for the fourth quarter. <\/p>\n<p class=\"wp-block-paragraph\">This rout reduced the value of Intel\u2019s holdings by the government by $12 billion, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/10\/30\/amazon-intel-earnings-big-tech-ai-spending-concerns.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CNBC reports<\/a>. The Trump administration had the government buy 10% stake over a year ago. Nvidia, which also took a big stake in Intel in 2025, saw its stock drop a bit on Friday as well. Much of the tech industry \u2014 especially chipmakers \u2014 were caught in the sell-off.<\/p>\n<p class=\"wp-block-paragraph\">Intel\u2019s stock is still a profitable investment for the government so far (and for Nvidia), as it\u2019s up more than 70% for the year, even if it\u2019s dropped significantly from the sky-high prices it commanded over the summer.<\/p>\n<p class=\"wp-block-paragraph\">The scare-off was caused when Intel warned to expect revenue of $15 billion to $16 billion in the fourth quarter when analysts were looking for around $17 billion. It also warned that its gross profit margin would decline to 37% from 43%, and it was investing so heavily, it expected no positive cash flow.<\/p>\n<p class=\"wp-block-paragraph\">The main problem for Intel is that PC sales are being hurt by the AI industry gobbling memory and other components, and causing PC prices to rise. <\/p>\n<p class=\"wp-block-paragraph\">\u201cOur customers began signaling a PC slowdown based on the memory prices and availability. Year-to-date system endpoint prices have increased significantly, placing additional pressure on already limited IT budgets,\u201d Intel CEO Lip-Bu Tan warned on the call.<\/p>\n<p class=\"wp-block-paragraph\">The bright side is that revenue from Intel\u2019s data center business grew 78% over the year-ago quarter. But it is hamstrung on that front until it can bring more capacity to its fabs and book more external customers for them, competing with powerhouse <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/quotes\/TSM\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Taiwan Semiconductor Manufacturing Co<\/a>.\u00a0One of Intel\u2019s new fabs in Arizona is operational but the next one isn\u2019t expected to be online until 2028.<\/p>\n<\/div>\n<p><em>When you purchase through links in our articles, we may earn a small commission. This doesn\u2019t affect our editorial independence.<\/em><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2026\/10\/30\/intels-stock-crashes-knocking-12b-from-governments-stake\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel\u2019s stock suffered one of its worst days ever on Friday, crashing around 28% after the chip giant reported a weaker-than-expected outlook for the fourth quarter. This rout reduced the value of Intel\u2019s holdings by the government by $12 billion, CNBC reports. The Trump administration had the government buy 10% stake over a year ago&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":750664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/10\/Intel-Lip-Bu-Tan-1.jpg?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,75885,78232,151454],"class_list":["post-750663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-enterprise","tag-intel","tag-tc"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/750663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=750663"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/750663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/750664"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=750663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=750663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=750663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}