Veytics Intelligence
2026-11-02 · Yahoo

The Intel stock collapse is getting worse — and the $3.5 trillion chip rout is spreading

Wall Street is mostly sweeping up last week's tech wreckage Monday. Chip stocks keep tracking mud back through the house. About 7 in 10 S&P 500 stocks are rising, yet nearly every chip stock is in the red, and the group has shed more than $300 billion in market value in a single session, by Yahoo Finance calculations. Intel (INTC) is leading the way down again. (INTC ) Go deeper with AlphaSpace 60.01 -5.76 (-8.75%) As of 3:53:18 PM EST. Market Open. INTCSOXX The chipmaker is sliding after its worst day since 1974 on Oct. 30, when a disappointing forecast knocked nearly 29% off the stock. A close below about $60.12 on Monday would leave Intel worth less than half of what it was when September ended. And the damage isn't staying at Intel.

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