Tag AI

Challenged by OpenAI Advancement, Intel Faces A Sharp Decline in Its Stock Price

Intel Inside- A Sharp Decline in Its Stock Price
Intel's second-quarter earnings led to a sharp decline in its stock price, wiping out over a quarter of its value in its worst trading day since 1974. For the first time in three decades, the tech giant's market value has dropped below $100 billion. Once a dominant force in the industry, known for its iconic "Intel Inside" slogan symbolizing top-tier quality, the company continues to grapple with bringing a breakthrough AI chip to market.