Intel shares crash 29%, marking worst trading day since 1974

Intel shares fell 28.6% on October 30, marking their worst single-day decline in 52 years.
The crash wiped out nearly $140 billion from Intel's market value after disappointing financial forecasts.
Intel expects fourth-quarter revenue of $15–16 billion, below analysts' expectations of around $17 billion.
• Rising memory chip prices and weak PC demand are hurting Intel, despite strong growth in its data centre business.

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