Veytics Intelligence
2026-10-30 · Yahoo

Jim Cramer is ‘furious’ as Intel crashes nearly 30% — but Uncle Sam is the top shareholder. What it means for taxpayers

Jim Cramer had high hopes Intel's stock (NASDAQ:INTC) would soar to a new all-time high. Now he's praying for a bounce. In a recent post on X, the Mad Money host admitted that he's "disappointed" and "actually furious" about Intel, as the stock plunged after weaker-than-expected guidance tied to pressures on the sales of personal computers. It's now down nearly 30% in about a day, trading at $65.76 by Friday's end, compared to over $92 earlier in the week.

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