Intel’s (INTC) Dow Jones (DJI) status under threat as struggling chipmaker’s shares plunge

    https://www.reuters.com/technology/intels-dow-status-under-threat-struggling-chipmakers-shares-plunge-2024-09-03/

    Posted by DrWhatNoName

    17 Comments

    1. This is a really bearish signal and rumours going around S&P will remove Intel from the index as well if their next quarter earnings do not improve. Dow removal would like expidite this, S&P already have Intel on Credit Watch which is the first stage of removal.

    2. I still don’t understand it. How is it possible that the company that had kind of a (nearly) monopoly for its market for decades and is still the one big player in terms of server-wise CPUs does perform that bad stockwise?

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