Report
Intel Stock Crashes Nearly 30% on Weak Guidance; U.S. Government Stake Loses Billions
Intel shares plunged nearly 30% following weak forward guidance, eroding over $11 billion from the U.S. government's investment stake.
TLDR
The U.S. government bought nearly 10% of Intel in August 2025 to bolster the company and domestic chip production. The stock's nearly 30% one-day decline followed a disappointing revenue forecast and production difficulties, cutting more than $11 billion from the value of the government's holding.
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