Construction site of an Intel semiconductor fabrication plant with cranes and factory buildings

Intel Stock Plummets Nearly 30% in Worst Day Since 1974 as $12B Stake Wiped

Team CruxBuzz

Americans who hold tech stocks in their 401(k) watched a brutal Friday as Intel shed nearly a third of its value in a single session. The slide was the chipmaker’s worst day since 1974, and it pulled the wider market down with it. For taxpayers, the loss was personal: the U.S. government is one of … Read more

Artificial Intelligence, Stock Market Analysis, Technology, US Government