WS #16600
Intel shares have cratered 29% following a severe earnings warning, marking the stock's worst performance since 1986. The collapse has dragged the broader semiconductor index lower, with AMD dropping 10% as investors reassess the PC TAM contraction and legacy chipmaker viability. This event signals a structural de-rating for non-AI-centric hardware, forcing capital out of the sector and into defensive havens.
Intel Collapse and Semiconductor Selloff
Intel shares have cratered 29% following a severe earnings warning, marking the stock's worst performance since 1986. The collapse has dragged the broader semiconductor index lower, with AMD dropping 10% as investors reassess the PC TAM contraction and legacy chipmaker viability. This event signals a structural de-rating for non-AI-centric hardware, forcing capital out of the sector and into defensive havens.