this post was submitted on 31 Oct 2026
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Intel’s woes wipe out $1 trillion of semiconductor market cap in one day — PC market bloodbath leaves few chip stocks unscathed: $1 trillion in semiconductor market capitalization wiped out. (www.tomshardware.com)
submitted 6 hours ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] Canigou@jlai.lu 17 points 4 hours ago* (last edited 4 hours ago) (1 children)

I've read somewhere that it is still a more than 200% grow in value, even considering the last dive. Will post the source if I find it again...
EDIT : Here "Even accounting for Friday’s expected drop, the value of the government’s stake in Intel has grown by 280%."

[–] sundray@lemmus.org 4 points 4 hours ago

Ah, that's interesting. Curious if the govt will scoop up more of Intel or stand pat, then. We're kind of in uncharted waters here.