alt Hacker NewsIntel stock collapse worsens as $3.5T chip rout spreads
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Intel, like Boeing cannot fail. If you believe they can, you better start searching for a bunker.
Advanced chip manufacturing is so incredibly hard. The finance bozos are clueless, again.
Temporary IMHO. This is a particularly volatile time with earnings and midterms colliding.
I really want to see how all the people freaking out at a 1.5% market "rout" will react when an actual correction happens.
The genesis of this is when Apple moved from Intel to their own chips.
even after this Intel is still up 65% YTD, so the only investors losing are the ones who piled in now
The big question I have, why isn't Nvidia's stock falling quickly ? Nvidia's GPUs are the most in demand chip for AI. Seems Nvidia stock is also falling, but not as much. I would think it would fall almost as quickly as Intel.
I wonder if something else is happening to Intel
Nvidia Stock:
https://finance.yahoo.com/quote/NVDA/
Intel Stock:
I guess Trump is going to have to stop bragging now about the US government buying Intel stock.
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Black Friday this week!
Huh, I'm used to "stock collapses" headlines being a 2% daily fluctuation. Actually down 50% over the past month. But then again, up 50% over the past year. Sure is great when stocks of companies that are foundationally important to the world economy are being traded like meme stocks.