Bursting Bubbles: Intel Falls 28.58%, Leaving USD130,000 Million In Market Capitalization – OpEd

By America Pulse · Based on reporting from eurasiareview.com

Intel Corporation experienced a catastrophic trading session on Friday, October 30, 2026, as its stock price plummeted by 28.58%. The sell-off intensified after the market closed, with shares ultimately ending down 29.52%. This massive decline wiped out approximately USD 130,000 million in market capitalization and triggered a broader market retreat, pulling the Nasdaq down by nearly 3%. The primary catalyst for the crash was the company’s fourth-quarter projections, which fell significantly short of what analysts had anticipated due to a sharp downturn in personal computer sales.

Historic Plunge in Market Value

This session nearly eclipsed the worst day in the company's history, which occurred on July 5,

Source: eurasiareview.com · 2026-11-01