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Intel crashes 29% in worst day since 1974, wipes $140B (worldbusinesswatch.com)
submitted 1 day ago by to c/pcgaming@lemmy.ca
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[–] 107 points 1 day ago (7 children)

Intel stock is up over 200% over the last 2 years (even with this 29% drop) so it's way too early to say it's popped.

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  • [–] 33 points 1 day ago (1 child)

    The fun thing about percentages though: you can have a 10,000% gain, but a 100% drop is an instant wipeout. So a 29% drop can still be more significant than what the value was two years ago.

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  • [–] 6 points 1 day ago

    I agree that Intel is overvalued. My point is that you need to zoom out to get a better picture. And a stock that's up 200% over 2 years is doing really well. It's funny because your point about percentages was reflected this morning, Intel has slid another 6% so now it's only up 175% over the past 2 years.

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  • [–] 10 points 1 day ago (4 children)

    Yeah it came right down to <$20 at one point. I bought a fair bit in 2025 when it first did, and sold most of it at $100. So you know, I'd not mind if it came back down again to repeat the exercise. Although when I got it 2 years ago, I thought "Not even Trump would let Intel fail" and to be fair, he did authorise a cash boost.

    I am not completely sure that would be true again. I'd probably still take the punt at $20 again though.

    This is a weird one though, because they've not even been the biggest name behind AI by anyone's estimation. Why they took the biggest hit goes beyond AI I think.

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  • [–] 3 points 19 hours ago*

    According to this random website I found (at least it has sources) intel still makes 22% of it's revenue from consumer hardware. So the ram companies making consumer hardware more expensive (or just droping it entirely like micron did) harms intel a lot more than it harms the ram companies.

    Edit: The 22% also includes computers sold to businesses but not data centres

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  • [–] 5 points 1 day ago (2 children)

    I was in at 24-28 and sold at 58-62, definitely okay with a round 2 attempt if it gets back into the mid 20s.

    Randomly another stock ive played the yoyo with is Boeing - BA

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