Intel falls by 28%: impact on government investments and tech sector

Intel experienced one of its worst days in the stock market with a 28% plunge, reducing the value of government investments by $12 billion. The decline was caused by a disappointing outlook for the fourth quarter, with revenue forecasts below expectations and falling profit margins. The tech sector, particularly chipmakers, was hit by a general sell-off. Nevertheless, Intel remains a profitable investment for the government and Nvidia, with a 70% increase in 2026. The 78% growth in the data center business offers a ray of hope, but limited production capacity and competition with TSMC pose significant challenges.
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