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Business / General

Intel’s stock crashes, knocking $12B from government’s stake

Source: techcrunch October 30, 2026 · 14:54
Intel’s stock crashes, knocking $12B from government’s stake
Photo by Leeloo The First · Pexels
From the publisher
Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.
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TechCrunch

TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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