Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance

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.

# Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance 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. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/29/intel-intc-q3-earnings-report-2026-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*