In Brief

• Intel shares fell 29% on Friday, wiping out more than $100 billion in market value.

• The chipmaker forecasts Q4 revenue to be about $1,570,000,000 below Wall Street’s estimate.

• The AI boom driving Intel’s servers is the same force hurting its PC business.

Read the original story “Intel’s AI Business Grew 78%. So Why Did the Stock Fall 30%?” by Lockridge Okoth on se.beincrypto.com