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Intel shares plunge 25% amid AI boom concerns

Original: intel

Intel's stock dropped by up to 25 percent, with German business media attributing the collapse to the very AI boom that has lifted rival chipmakers. Separately, Intel announced a deal with Israeli quantum software startup Classiq, betting on quantum computing. Investors appear worried Intel is missing the AI chip wave dominated by competitors like Nvidia, while the company pushes long-term bets in emerging technologies.

Why now: A sharp one-day drop in Intel's share price and its quantum bet with an Israeli startup are driving fresh debate over whether the chipmaker can keep pace with the AI boom.

IntelClassiqNvidia

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