Intel Shares Plunge 25 Percent After Chipmaker Issues Disastrous Forecast

Shares of Intel plunged roughly 25 percent in premarket trading Friday after the American semiconductor giant issued a sharply disappointing sales and earnings forecast, raising fresh doubts about its turnaround and warning that a severe slump in the personal computer market could persist well into next year. The post Intel Shares Plunge 25 Percent After Chipmaker Issues Disastrous Forecast appeared first on Breitbart .