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✉news TechnologySemiconductors first seen 6 d ago, last 6 d ago, peak #5

Intel plunges 25%, sparks global chip sell-off

Original: Intel plunges 25%, triggers global chip rout on bleak outlook

Intel shares fell roughly 25% after the company issued a bleak outlook, dragging chipmakers worldwide lower in a broad semiconductor rout. Investors are reacting to weak guidance that renewed concerns about demand and Intel's competitive position, with the selloff rippling through global markets and hitting technology stocks across Asia, Europe and the US.

Why now: Intel's sharp drop and gloomy forecast triggered a market-wide semiconductor selloff that investors are closely watching.

IntelReutersglobal semiconductor industry

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