INTC ▼ -23.4% - Intel Corporation
$INTC on the PC slowdown: CEO Lip-Bu Tan: “The pace of the PC correction has accelerated over the last two months.” CFO Dave Zinsner: “For 2027, we're planning for the PC unit TAM to decline roughly 10%.” Intel also expects industry PC units to fall approximately 12% in 2026, with second-half units down more than 20%. Its own client revenue is expected to decline more than 20% sequentially in Q4.
29-OCT-2026 05:41 PM ET
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