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● LIVE Updated 2h ago · 12 sources tracked

Stock Market Today: Intel Stock Crashes Premarket as Tech Selloff Extends

Intel shares plunged up to 28.9 percent during morning trading, dragging down broader technology indices as investors reacted to escalating artificial intelligence infrastructure costs and a weak fourth-quarter profit outlook. Amazon shares also dropped 7.4 percent following corporate earnings reports that fueled broader concerns over eroding cash flows from heavy tech spending. The tech rout pressured Nasdaq futures down by more than 2 percent, while the Dow was projected for a 300-point gain. The steep decline wiped out billions from market valuations across the sector.

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⚡ Key Developments & Real-Time Context
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  • ✓ Intel shares fell 28.9% in the morning session after issuing a downbeat fourth-quarter profit outlook.
  • ✓ Amazon shares fell 7.4% in premarket trading as investors reacted to weak business outlooks and rising AI investment costs.
  • ✓ Intel warned that the personal computer market would decline 12% in 2026 and 10% next year.
  • ✓ Nasdaq 100 futures dropped more than 2% amid concerns over the rising cost of artificial intelligence infrastructure.
🛡️ Source Corroboration: 12 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Intel shares cratered following its third-quarter report and downbeat guidance, extending a global technology rout driven by fears over soaring artificial intelligence spending.

Live updates

  1. Intel and Amazon Shares Crash Premarket in Extended Tech Selloff

    Intel shares plunged up to 28.9 percent during morning trading, dragging down broader technology indices as investors reacted to escalating artificial intelligence infrastructure costs and a weak fourth-quarter profit outlook. Amazon shares also dropped 7.4 percent following corporate earnings reports that fueled broader concerns over eroding cash flows from heavy tech spending. The tech rout pressured Nasdaq futures down by more than 2 percent, while the Dow was projected for a 300-point gain. The steep decline wiped out billions from market valuations across the sector.

    Why it matters

    The sharp drop highlights growing market anxiety over the financial returns of massive corporate spending on artificial intelligence infrastructure. Heavy capital expenditures by major technology firms are raising costs while traditional segments like personal computers face persistent weakness. The downturn has rippled across the broader semiconductor sector and reduced the value of government equity stakes in chipmakers.

    What is confirmed

    • Intel shares fell 28.9% in the morning session after issuing a downbeat fourth-quarter profit outlook.
    • Amazon shares fell 7.4% in premarket trading as investors reacted to weak business outlooks and rising AI investment costs.
    • Intel warned that the personal computer market would decline 12% in 2026 and 10% next year.
    • Nasdaq 100 futures dropped more than 2% amid concerns over the rising cost of artificial intelligence infrastructure.

    Still unconfirmed

    • Intel is on track to record its largest single-day drop since 1974, which could erase more than $100 billion in market capitalization if losses hold through regular trading.

    What to watch next

    • Regular trading session close to confirm if Intel registers its worst single-day drop since 1974 and loses over $100 billion in market capitalization.
    • Upcoming earnings reports and corporate spending updates from other major technology companies.
    Sources used for this update (14)
    1. economictimes.indiatimes.com — Business News Live, Share Market News - Read Latest Finance News, IPO ...
    2. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
    3. seekingalpha.com — Patient Capital Management Q3 2026 Commentary
    4. MarketWatch — Stock Market Today: Dow set for 300-point gain as S&P 500 and Nasdaq poised to decline after Alphabet results; Amazon and Intel earnings on tap
    5. Financial Times — Global tech rout deepens as US earnings stoke AI spending fears
    6. Yahoo Finance — Stocktwits AI Roundup: Intel, Amazon, Alphabet Results Trigger Meltdown As Big Tech’s Record Spending Returns To Focus
    7. WSJ — Stock Market Today: Intel Stock Crashes Premarket as Tech Selloff Extends — Live Updates
    8. Investing.com — Nasdaq futures slide as Amazon, Intel earnings deepen AI spending concerns
    9. www.livemint.com — Amazon, Intel shares crash up to 25% in premarket trade as AI spending concerns trigger tech sell-off - What's next?
    10. finance.yahoo.com — Why Intel (INTC) stock is trading lower today - Yahoo Finance
    11. stocktwits.com — INTC Stock Craters Premarket After Q3 Report ... - Stocktwits
    12. techcrunch.com — Intel’s stock crashes, knocking $12B from government’s stake
    confidence 95%
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