Intel stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring

finance.yahoo.com

Intel stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring

finance.yahoo.com

OpticalMoose@discuss.tchncs.deM to

Chip Stocks@discuss.tchncs.deEnglish · 3 months ago

Intel stock plummets most in 40 years amid massive restructuring

finance.yahoo.com

Chip giant Intel's (INTC) stock price cratered on Friday, after falling short on second quarter earnings Thursday and announcing a $10 billion cost reduction plan that includes cutting 15% of its workforce and suspending dividend payments.

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