Intel Sees 21% Drop in Stock Value Due to Chip Shortage

Intel’s stock value dropped 21% after the company’s Q4 revenue forecast was lower than expected, amidst a chip shortage and rising costs.

The PC market is experiencing a severe downturn due to a shortage of memory chips and increasing costs, leading to higher computer prices and reduced demand.

Intel expects the PC market to contract by 12% in 2026 and 10% in 2027, with the downturn continuing until at least the first half of 2027.