Intel stock crashes, knocking $12B from government's stake
Key point
Intel's stock has crashed, knocking $12B from the government's stake. Rising PC prices caused by the AI industry's consumption of memory and other components are hurting the company.
Intel's stock has crashed, knocking $12B from the government's stake.
Intel is being hurt by PC sales as the AI industry gobbles memory and other components, causing PC prices to rise.
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