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Intel (INTC) Plunges 28.6% on Q4 Guidance Far Below Estimates

COINOTAG·October 31, 2026·1 min read
Intel (INTC) Plunges 28.6% on Q4 Guidance Far Below Estimates

Intel shares plunged 28.6% on Friday after Q4 guidance of $15-16 billion revenue missed estimates, dragging the SOX index down 7.2% and Bitcoin 4%. The tech selloff hit crypto markets, with Bitcoin falling as investor risk appetite waned following Intel's disappointing outlook.

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