Intel stock collapse worsens as $3.5T chip rout spreads

jmclnx

The big question I have, why isn't Nvidia's stock falling quickly ? Nvidia's GPUs are the most in demand chip for AI. Seems Nvidia stock is also falling, but not as much. I would think it would fall almost as quickly as Intel. I wonder if something else is happening to Intel Nvidia Stock: https://finance.yahoo.com/quote/NVDA/ Intel Stock: https://finance.yahoo.com/quote/INTC/

anonymous908213

Huh, I'm used to "stock collapses" headlines being a 2% daily fluctuation. Actually down 50% over the past month. But then again, up 50% over the past year. Sure is great when stocks of companies that are foundationally important to the world economy are being traded like meme stocks.

small_model

The genesis of this is when Apple moved from Intel to their own chips.

kjshsh123

I guess Trump is going to have to stop bragging now about the US government buying Intel stock.

brcmthrowaway

Black Friday this week!

whatever1

Intel, like Boeing cannot fail. If you believe they can, you better start searching for a bunker. Advanced chip manufacturing is so incredibly hard. The finance bozos are clueless, again.

paxy

I really want to see how all the people freaking out at a 1.5% market "rout" will react when an actual correction happens.

insane_dreamer

even after this Intel is still up 65% YTD, so the only investors losing are the ones who piled in now

Rapzid

Temporary IMHO. This is a particularly volatile time with earnings and midterms colliding.

mikelitoris

Intel is a cursed company

hn_submit

The A.I. Bubble has finally burst. That's all folks!! Billions of $ in GPUs are flooding the market and hopefully DRAM will soon become cheap again and we can get on with our lives.