Intel Shares Slide Nearly 30%, Nearing Their Steepest One-Day Drop

Intel shares fell nearly 30% Friday, Oct. 30, putting the U.S. chipmaker close to its steepest single-session loss on record. The decline widened to 30%, and the stock was on track for its largest one-day drop if the move held through the market close.

The shares trade under the ticker INTC. The record comparison concerns the percentage change during one trading session, rather than losses accumulated over several days. Because the trading day was still in progress, the potential record was not yet a closing result.

The move puts Intel at the center of Friday’s U.S. semiconductor trade. A single-session decline near 30% would mark a sharp move in the company’s publicly traded shares. The largest one-day drop description refers to the stock’s daily price performance, not a change in Intel’s business operations. The record claim turns on the session’s final share price, so the completed daily loss may differ from the intraday slide.