Intel foundry push faces critical test after stock's 45% plunge in October — Live Feedhttps://www.live-feeds.com/feed/intel-foundry-push-faces-critical-test-after-stock-s-45-plunge-in-octoberContinuously updated, source-cited coverage. Intel stock plummets 45% in October, foundry push faces critical testhttps://www.live-feeds.com/feed/intel-foundry-push-faces-critical-test-after-stock-s-45-plunge-in-octoberhttps://www.live-feeds.com/feed/intel-foundry-push-faces-critical-test-after-stock-s-45-plunge-in-october#u183182Sat, 07 Nov 2026 01:14:04 +0000Intel's stock has plunged 45% in October, its worst monthly drop since the 1970s, amid a weak PC outlook and pressure on its foundry business. The company faces a critical test in proving its foundry strategy can deliver, as customers look for signs it will add fab capacity and catch TSMC. Intel's turnaround hinges on securing major external clients based on its next-generation 18A process.Why it mattersThe decline in Intel's stock follows a revenue miss and a worsening outlook for the PC market. The company's foundry business, which aims to manufacture chips for external c