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Intel’s stock crashes, knocking $12B from government’s stake

Intel's stock has crashed 28%, one of its worst days ever, following a disappointing fourth-quarter outlook. This decline has wiped out $12 billion from the government's investment in the company, which had purchased a 10% stake under the T...

TechCrunch· Oct 31, 2026 · 1:49 AM · 1 views

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Intel's stock has crashed 28%, one of its worst days ever, following a disappointing fourth-quarter outlook. This decline has wiped out $12 billion from the government's investment in the company, which had purchased a 10% stake under the Trump administration.

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