Intel’s data center business just grew almost 80% in a year. Its outlook for the fourth quarter has the stock on pace for its worst day in more than half a century, erasing nearly $150 billion in market value Friday.
Intel (INTC) stock fell as much as 30% in early trading Friday after the chipmaker’s forecast for the final three months of the year came in well short of Wall Street’s expectations.
That would top every day since at least 1973, according to Yahoo Finance calculations from Norgate Data closing prices going back to May 1973. The previous
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