Intel craters 22% on Q3 miss, nearly half its peak value gone
Intel got hammered. $INTC plunged 22% after the chipmaker missed Q3 earnings expectations, according to @BullTheoryio. Nearly half the company's value is now gone from its all-time high — a stunning reset for one of the biggest names in chips.
Intel just got clobbered. $INTC plunged 22% after the chipmaker missed expectations for its third quarter, according to a breaking alert from @BullTheoryio on X. The same post reports that nearly half the company's value is now gone from its all-time high. The alert was blunt: a 22% drop on a Q3 miss, and a stock that has given back roughly half of everything it gained at its peak. Details from the earnings report itself didn't accompany the post, but the market's verdict was already loud. Intel is one of the most recognizable names in semiconductors, which makes a move this size hard to ignore. A double-digit single-session hit at a company that size tends to drag attention across the chip space — and the nearly-50% slide from the high reframes where the stock sits versus its best days. The story is still developing on the numbers side, with the 22% figure and the drawdown from the all-time high coming from @BullTheoryio's post. What's clear from the alert: the Q3 miss landed hard, and Intel's stock is paying for it right now.
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TopicsIntel · $INTC · @BullTheoryio
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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