Intel shares fall their biggest since 1982

Intel shares recorded their biggest decline in over 40 years. Since the company announced strict growth forecasts and revealed a personnel reduction plan for 0.01 million5,000 people, it became clear that it was unable to respond to competition in the generative AI era. Bernstein Research senior analyst Stacy Rathgon is having a conversation with journalist Ed Ludlow on “Bloomberg Technology.” $Intel (INTC.US)$