The long-term trend of the stock is bullish as it is trading above its 200-DEMA and the upside move in the last couple of sessions from its support with marginally higher volume suggests strength in its primary trend.
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered