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Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings

CryptoExpert by CryptoExpert
October 30, 2026
in Finance
0
PLTR Stock Today: Oppenheimer Sees 140% US Commercial Growth Ahead Of Earnings
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ICE Targets America’s Retail Traders With a Hyperliquid Alliance

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Intel Plummets 23% as Weak Guidance Overpowers Q3 Earnings Beat

The post Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings appeared first on Coinpedia Fintech News

Intel shares plunged about 30% on Friday to around $63.56, heading for their steepest one-day fall since 1974, after the chipmaker issued a weak outlook. Intel expects fourth-quarter adjusted earnings of 25 cents a share on revenue of $15 billion to $16 billion, far below forecasts of 43 cents and $17.1 billion. CFO David Zinsner …



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