# Intel plunged 28.6% for its worst drop since 1974 — and the AI sell-off gave the S&P 500 its worst day since June

- Source: Fortune | FORTUNE
- Published: 2026-10-30T20:27:35+00:00
- Category: Business
- Original: https://fortune.com/2026/10/30/intel-worst-drop-since-1974-sp-500-worst-day-since-june-ai-selloff/
- Canonical: https://groundlevelnews.com/story/intel-plunged-28-6-for-its-worst-drop-since-1974-and-the-ai-sell-off-g-10bef9/

A drop of 4.2% for Nvidia, the chip company that became the poster child of the AI frenzy, was the heaviest force pulling the S&P 500 downward.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune | FORTUNE._