--- title: Intel’s stock crashes, knocking $12B from government’s stake description: Intel's stock crashed about 28% on Friday after a weak fourth-quarter outlook, cutting the value of the government's 10% stake by $12 billion. Intel expects Q4... canonical: https://daily.dev/posts/intel-s-stock-crashes-knocking-12b-from-government-s-stake-xeywwa2jx twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Intel’s stock crashes, knocking $12B from government’s stake | daily.dev og:description: Intel's stock crashed about 28% on Friday after a weak fourth-quarter outlook, cutting the value of the government's 10% stake by $12 billion. Intel expects Q4... og:url: https://daily.dev/posts/intel-s-stock-crashes-knocking-12b-from-government-s-stake-xeywwa2jx og:image: https://api.daily.dev/og/posts/XEYWwa2JX.png og:image:alt: Intel’s stock crashes, knocking $12B from government’s stake og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Intel’s stock crashes, knocking $12B from government’s stake **[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments ## Summary Intel's stock crashed about 28% on Friday after a weak fourth-quarter outlook, cutting the value of the government's 10% stake by $12 billion. Intel expects Q4 revenue of $15 billion to $16 billion versus analyst expectations near $17 billion, with gross margin falling to 37% from 43% and no positive cash flow. CEO Lip-Bu Tan blamed rising memory prices squeezing PC sales and IT budgets. Data center revenue grew 78% year over year, but one of Intel's new Arizona fabs is operational while the next one isn't expected to be online until 2028. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did Intel's stock crash in late October 2026 Intel's stock fell about 28% after the company warned that fourth-quarter revenue would be $15 billion to $16 billion, below analyst expectations of around $17 billion. Intel also forecast gross margin declining to 37% from 43% and no positive cash flow due to heavy investment. CEO Lip-Bu Tan cited rising memory prices squeezing PC demand and IT budgets. _Investors weighing chip stocks can track earnings swings like Intel's on daily.dev._ ### How much did Intel's stock drop affect the US government's stake value The crash cut the value of the government's 10% stake in Intel by $12 billion. The Trump administration acquired the stake over a year earlier, and despite the drop, the investment remained up more than 70% for the year, both for the government and for Nvidia, which also holds a stake in Intel. _Anyone following government tech investments can keep up with stakes like this on daily.dev._ ### How is rising memory pricing affecting PC sales and Intel's business Rising memory prices driven by AI industry demand are pushing up PC prices and squeezing IT budgets, which is slowing PC sales, according to Intel's CEO. This hurts Intel's core PC business even as its data center revenue grew 78% year over year, though new fab capacity won't come fully online until 2028. _Developers budgeting hardware costs can watch memory price trends like these on daily.dev._ ## Similar posts on daily.dev - [Intel takes another hit](https://daily.dev/posts/intel-takes-another-hit-4urclb8ya) · TechCentral · 0 upvotes · 0 comments - [Intel’s revival is real: $13.6B in Q1](https://daily.dev/posts/intel-s-revival-is-real-13-6b-in-q1-a69vcpjw9) · The Next Web · 0 upvotes · 0 comments - [Intel confirms more layoffs in its data center unit as stock rallies on turnaround momentum](https://daily.dev/posts/intel-confirms-more-layoffs-in-its-data-center-unit-as-stock-rallies-on-turnaround-momentum-qzsmue6hr) · The Next Web · 0 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia), [#intel](https://daily.dev/tags/intel), [#investing](https://daily.dev/tags/investing) [View this post on daily.dev](https://daily.dev/posts/intel-s-stock-crashes-knocking-12b-from-government-s-stake-xeywwa2jx) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Intel’s stock crashes, knocking $12B from government’s stake","url":"https://daily.dev/posts/intel-s-stock-crashes-knocking-12b-from-government-s-stake-xeywwa2jx","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/intel-s-stock-crashes-knocking-12b-from-government-s-stake-xeywwa2jx"},"datePublished":"2026-10-30T21:59:00.981Z","dateModified":"2026-10-30T22:50:36.099Z","description":"Intel's stock crashed about 28% on Friday after a weak fourth-quarter outlook, cutting the value of the government's 10% stake by $12 billion. 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Anyone following government tech investments can keep up with stakes like this on daily.dev."}},{"@type":"Question","name":"How is rising memory pricing affecting PC sales and Intel's business","acceptedAnswer":{"@type":"Answer","text":"Rising memory prices driven by AI industry demand are pushing up PC prices and squeezing IT budgets, which is slowing PC sales, according to Intel's CEO. This hurts Intel's core PC business even as its data center revenue grew 78% year over year, though new fab capacity won't come fully online until 2028. Developers budgeting hardware costs can watch memory price trends like these on daily.dev."}}]} ```