Intel’s Stock Has Tumbled Following Layoff Announcements, Potential Class-Action Lawsuit, and Ongoing Drama with Its CPU Instability Issues

Peter_Brosdahl

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Intel's stock has tumbled, per reports from Friday, by 26%, the lowest drop in 50 years, and now at the lowest price since 2013. The stock market, in general, had a rough day yesterday but Intel has a list of woes that cannot be ignored and undoubtedly has added to its historic fall in an industry it has dominated for decades.

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No ****... Did people think those moves would encourage investment? Intel will likely pay off another 10% of their workforce and who knows if they will cut just a bit too deep. Nick an arterie and it's game over for Intel.
 
Grimlakin said:
No ****... Did people think those moves would encourage investment? Intel will likely pay off another 10% of their workforce and who knows if they will cut just a bit too deep. Nick an arterie and it's game over for Intel.
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They are a LONG ways away from game over. The desktop CPU market is barely 10% of their revenue. Datacenter products make up like 80% of their business. And that's not going away. Nor are those products impacted by whatever is causing the 13th and 14th gen chips to have issues.

Markets are tanking for a lot of companies.
 
Riccochet said:
They are a LONG ways away from game over. The desktop CPU market is barely 10% of their revenue. Datacenter products make up like 80% of their business. And that's not going away. Nor are those products impacted by whatever is causing the 13th and 14th gen chips to have issues.

Markets are tanking for a lot of companies.
Click to expand...
Well said. The company has also survived worse fiascos than this. The Intel FPU/FDIV bug for the Pentium 60/66 comes to mind.
 
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