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Intel Investors' Pessimism Over Turnaround Wipes Out $27 Billion of Value

(Bloomberg) Intel Corp.’s latest attempt to prove to investors that its turnaround strategy is on track instead spurred a $27 billion rout that further widened the gap between the chipmaker and its peers as it struggles to capitalize on investor demand for all things artificial intelligence-related.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 Mi ....

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Intel Stock Dives As Chipmaker Changes Reporting Structure: Takeaways From 6 Analysts - Intel (NASDAQ:INTC)

Intel Corp (NASDAQ: INTC) shares were tanking in early trading on Wednesday, amid news of the company’s foundry business facing a $7 billion loss. ....

Cody Acree , Vivek Arya , Rick Schafer , Matt Bryson , William Stein , Intel Foundry , Intel Products ,

Intel Stock Dives As Chipmaker Changes Reporting Structure: Takeaways From 6 Analysts

Intel Corp (NASDAQ:INTC) shares were tanking in early trading on Wednesday, amid news of the company’s foundry business facing a $7 billion . ....

Cody Acree , Vivek Arya , William Stein , Rick Schafer , Matt Bryson , Intel Corp , Intel Foundry , Intel Products ,