The Intel stock collapse is getting worse
Intel shares fell nearly 29%, marking the company's worst single-day performance since 1974. This collapse contributed to a broader chip sector selloff affecting companies including Qualcomm, AMD, Micron, and SanDisk. The decline erased 12 billion dollars from the government's stake in the chipmaker. While the stock also plunged 45% in October, the current crash coincides with a wider market downturn where the Nasdaq 100 fell over 6%, its steepest daily drop since March 2020. Despite the financial losses, some analysts argue Intel remains too strategic to fail.
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- ✓ Intel stock plunged nearly 29%, its worst day since 1974.
- ✓ The stock crash removed 12 billion dollars from the government's stake in Intel.
- ✓ The Nasdaq 100 fell over 6%, its worst single-day fall since March 2020.
- ✓ Intel's stock plunged 45% in October.
What changed
Intel experienced its worst single-day stock plunge since 1974, coinciding with a 6% drop in the Nasdaq 100.
Live updates
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Intel Stock Plummets Nearly 29% Amid Sector-Wide Chip Rout
Intel shares fell nearly 29%, marking the company's worst single-day performance since 1974. This collapse contributed to a broader chip sector selloff affecting companies including Qualcomm, AMD, Micron, and SanDisk. The decline erased 12 billion dollars from the government's stake in the chipmaker. While the stock also plunged 45% in October, the current crash coincides with a wider market downturn where the Nasdaq 100 fell over 6%, its steepest daily drop since March 2020. Despite the financial losses, some analysts argue Intel remains too strategic to fail.
Why it matters
The volatility follows significant taxpayer investment in the chipmaker. Intel is currently attempting a foundry push to diversify its business model. The broader semiconductor rout has impacted a market valued at 3.7 trillion dollars.
What is confirmed
- Intel stock plunged nearly 29%, its worst day since 1974.
- The stock crash removed 12 billion dollars from the government's stake in Intel.
- The Nasdaq 100 fell over 6%, its worst single-day fall since March 2020.
- Intel's stock plunged 45% in October.
Still unconfirmed
- Intel is considered too strategic to fail.
What to watch next
- Performance of Intel's foundry push
- Further movement in the Nasdaq 100 index
confidence 90%Sources used for this update (16)
- Yahoo Finance — Intel stock plunges nearly 29%, its worst day since 1974
- TechCrunch — Intel’s stock crashes, knocking $12B from government’s stake
- Forbes — Intel Is Still ‘Too-Strategic-To-Fail’
- Yahoo Finance — The Intel stock collapse is getting worse — and the $3.7 trillion chip rout is spreading
- CNBC — Intel foundry push faces critical test after stock's 45% plunge in October
- Seeking Alpha — Intel: Time For A Very Serious Watch (NASDAQ:INTC)
- Futurism — Intel Stock Is Cratering After Trump Poured Taxpayer Money Into the Chipmaker
- Trefis — Why Is Intel Stock Falling?
- Seeking Alpha — Intel: I Told You To Sell, Now I'm Telling You To Stay Away (Rating Upgrade)
- finance.yahoo.com — The Intel stock collapse is getting worse — and the $3.7 ...
- www.fool.com — Intel Shares Collapse. Why I'm Still Not Buying the Stock
- shattered.io — Qualcomm Slides 6%+ as Costs Squeeze Chip Margins [2026]
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