# Intel shares tumble as weak PC chip sales cloud outlook

- URL: https://talkfuse.com/story/pc-chip-plunge-wipes-out-a-quarter-of-intels-value/
- Published: 2026-10-30T02:42:58+00:00
- Updated: 2026-10-30T03:07:15+00:00
- Original publisher: The Register
- Original article: https://www.theregister.com/systems/2026/10/30/pc-chip-plunge-wipes-out-a-quarter-of-intels-value/5306531
- Topics: Art, Business, Companies, Culture

## Key points

- Intel shares lost almost a quarter after a sharp PC chip sales decline.
- PC chip demand is expected to fall 12 per cent next year.
- A server CPU boom is possible, but supply shortages could limit Intel’s gains.

## Summary

Intel shares fell almost a quarter on Thursday after the company reported weaker sales of PC processors, despite quarterly revenue and margins beating expectations. The decline matters because PC chips are Intel’s largest business, and the company expects that market to contract further as memory costs and shortages weigh on demand.

Third-quarter revenue rose 21 per cent year on year to $16.5 billion, including 78 per cent growth in datacentre and AI products. Client computing and physical AI revenue was $8.1 billion, down 5 per cent year on year; Intel forecasts the PC chip market will shrink 12 per cent next year. Chief executive Lip-Bu Tan sees server CPU demand potentially expanding its market from $40 billion to more than $200 billion over five years, but supply constraints mean Intel may not meet customer demand, particularly in the first half of next year.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.