Oct 29 : Intel shares plunged some 18 per cent on Thursday after the company disclosed that a factory explosion in Israel will cost it roughly $600 million in lost revenue over two quarters because it has been shut down for about two weeks. The October explosion at its Kiryat Gat, Israel factory, or fab, kil

Oct 29 : Intel forecast quarterly revenue and profit below Wall Street estimates on Thursday, as a factory explosion in Israel and a prolonged slowdown in the PC market offset strong demand for its AI server chips, sending its shares down more than 20 per cent in extended trading.The guidance could test confi

Oct 29 : Intel shares plunged 14 per cent on Thursday after the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, with the full financial fallout still uncertain.The US chipmaker also warned of flagging PC revenue through the first half of

Oct 29 : Intel shares plunged 14 per cent on Thursday after the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, with the full financial fallout still uncertain.The US chipmaker also warned of flagging PC revenue through the first half of

Oct 29 : Intel shares plunged 21 per cent on Thursday after the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, while a faltering PC market could dent sales through the first half of next year.A below-estimates forecast came as exponential