# Intel stock plunges 20% as chipmaker blames PC slowdown for weak guidance

- Source: CNBC Top News
- Published: 2026-10-29T20:06:00+00:00
- Category: Markets
- Original: https://www.cnbc.com/2026/10/29/intel-intc-q3-earnings-report-2026-.html
- Canonical: https://groundlevelnews.com/story/intel-stock-plunges-20-as-chipmaker-blames-pc-slowdown-for-weak-guidan-fcebc5/

Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

_Ground Level News shows a short summary only; the full article and all rights belong to CNBC Top News._