Intel plunges 30% post-earnings; ex-exec calls the sell-off "pretty absurd"
ryanshrout · x · 2026-10-31
Intel shares fell 30% after earnings. Ryan Shrout (former Intel chief performance strategist) argues the sell-off is absurd: the investment thesis centered on Foundry as the growth engine with compute as a modest piece, and nothing changed this week — certainly not by 30%. The drop came amid a broader tech rout on AI spending fears.
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