# Intel Shares Fall 20% as PC Weakness Shapes Fourth-Quarter Outlook

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43846
Published: 2026-10-29T20:16:38.000Z
Updated: 2026-10-29T20:16:38.000Z
Section: Business

> Intel has drawn investor interest for its AI role, but weakness in the PC market is weighing on its business outlook.

Intel shares fell 20% after the chipmaker issued a weak fourth-quarter outlook, citing continued softness in the personal-computer market. The decline weighs on a company that has drawn investor interest this year for its role in artificial intelligence hardware.

The tension is between Intel’s AI profile and its exposure to PC demand. The company has emerged as an AI player, while weakness in the PC market is weighing on its business outlook. That puts the forecast in focus alongside the investor interest Intel has attracted around AI.

Intel had scheduled its third-quarter 2026 results for after the market close Thursday, Oct. 29, followed by a conference call at 5 p.m. ET. The call is the next scheduled forum for the company to address its outlook and the PC market.

The weak forecast keeps attention on the contrast between Intel’s AI appeal and pressure from a struggling PC market. The fourth-quarter outlook points to that established business remaining a significant factor in the company’s near-term picture.