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Intel Shares Drop 29%, Experts Split on Buying Now | Markets & Money News
Intel's stock has plummeted by 29% following its third-quarter earnings report, marking its steepest decline since 1974. While the company exceeded earnings expectations, it fell short on revenue, particularly in the personal computer sector. Supply chain issues are impacting growth in server processors, leading to mixed analyst opinions on whether to buy the dip or hold off. Despite challenges, Intel's data center and AI revenue surged nearly 80% year-over-year, hinting at potential recovery
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