Intel closed down 28.58% after weaker-than-expected guidance, wiping about $12 billion off the US government's stake, and @sarbjeetjohal says tech stocks lost more than $1.5 trillion in market value today. Doubts about AI spending showed up elsewhere...
VQV Signal
Intel's worst day since the 1970s caps a $1.5 trillion tech selloff
Intel closed down 28.58% after weaker-than-expected guidance, wiping about $12 billion off the US government's stake, and @sarbjeetjohal says tech stocks lost more than $1.5 trillion in market value today. Doubts about AI spending showed up elsewhere...
Intel closed down 28.58% after weaker-than-expected guidance, wiping about $12 billion off the US government's stake, and @sarbjeetjohal says tech stocks lost more than $1.5 trillion in market value today. Doubts about AI spending showed up elsewhere too: Ares Management's CEO said the firm won't lend against AI...
Hardware and robotics watchers may want to track whether this becomes a product, benchmark, or deployment signal.
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