A · Important
[Intel fell 30%, evaporating nearly US$150 billion in market value, and fourth-quarter profit guidance fell short of expectations] On October 30, Intel’s U.S. stock market continued to fall after the opening, and now fell more than 30% to US$64.400 per share. The total market value was reported at US$342 billion, and the total market value evaporated by nearly US$150 billion. The company's third-quarter revenue was US$16.5 billion, a year-on-year increase of 21%, and non-GAAP earnings per share were US$0.52. However, the company expects non-GAAP earnings per share in the fourth quarter to be only $0.25, and gross profit margin is expected to drop to 38%, lower than 44.1% in the third quarter. The profit outlook has caused market concerns.
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