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Intel Plunges 27% as Investors Trigger AI Stock Selloff

By Drooid · · How we work

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  • U.S. investors triggered a selloff in AI stocks as Intel fell over 27% premarket.
  • Nasdaq futures slipped more than 2% after Intel and Amazon earnings reports.
  • Treasury yields dropped to multi-week lows as investors moved into safe cash.
  • Amazon shares fell 6.5% premarket while its cloud business kept strong growth.
  • Intel warned of personal-computer demand slowdown and cited supply-chain disruption.
Intel Plunges 27% as Investors Trigger AI Stock Selloff | Drooid