Is Intel stock set for a crash below $50 after post-earnings bloodbath?
Photo: Finbold
Intel (NASDAQ: INTC ) stock is facing renewed selling pressure after plunging almost 30% on Friday following the semiconductor company’s third-quarter earnings report. The sell-off wiped more than $146 billion off Intel’s market capitalization, sending shares down to $65 and marking one of the stock’s worst single-day performances. INTC closed the day down 28%, while in 2026 Intel shares are up 66%. Intel’s third-quarter 2026 revenue increased 21% year over year to $16.5 billion, while non-GAAP earnings per share (EPS) climbed 126% to $0.52.
Source: Finbold
