Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown

Intel Corp. somehow managed to beat expectations despite facing softness in the personal computer market, but its weak forecast for the current quarter sparked panic among investors, and its stock plunged more than 22% in late trading today. The computer chipmaker reported third-quarter earnings before certain costs such as stock compensation of 52 cents per […] The post Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown appeared first on SiliconANGLE.