Intel’s stock crashes, knocking $12B from government’s stake — Live Feedhttps://www.live-feeds.com/feed/intel-s-stock-crashes-knocking-12b-from-government-s-stakeContinuously updated, source-cited coverage. Intel Stock Plunges Nearly 30% Following Weak Outlookhttps://www.live-feeds.com/feed/intel-s-stock-crashes-knocking-12b-from-government-s-stakehttps://www.live-feeds.com/feed/intel-s-stock-crashes-knocking-12b-from-government-s-stake#u181176Fri, 06 Nov 2026 12:21:05 +0000Intel shares suffered a historic collapse, plunging nearly 30 percent in trading and wiping $12 billion off the government stake in the company. The semiconductor giant dropped after reporting an outlook that was hurt by a weak market for personal computer chips. The steep decline triggered a broader semiconductor market rout, erasing $1 trillion of market capitalization across the sector in a single day and affecting other major technology stocks such as Amazon.Why it mattersThe sharp drop follows mounting pressure on legacy technology firms amid heavy investor scrutiny over artificial intell