Intel Shares Plummet 30% as $11.441 Billion Loss and CFO Warns of Continued PC Market Slowdown
Intel's stock price fell 30% on October 30, 2026, following a reported nine-month loss of $11.441 billion. The company's CFO, David Zinsner, warned that the PC market slowdown would persist through the first half of 2027. The sharp decline reflects investor concerns over the company's financial health and market outlook.
Where Sources Diverge
infobae did not include a quote from David Zinsner, while 20-minutos included it.
No direct quote from David Zinsner.
David Zinsner predicted continued PC market slowdown.
Both sources reported the same loss amount and percentage drop, but different publication times.
Published at 2026-10-30T16:46:17.000Z.
Published at 2026-10-30T18:44:39.000Z.
Sources
Intel's CFO, David Zinsner, predicted that "the slowdown in the PC market will continue at least during the first half of next year."