Intel stock crash cuts $12B from government's stake

TechCrunch reports Intel's stock fell sharply, reducing the government's stake by about $12B. The drop is attributed to weak PC sales as AI demand pushes up memory and component costs and PC prices.

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1. 30 Oct, 21:54 UTCFirst appeared on TechCrunch

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