Intel shares fall sharply, cutting roughly $12 billion from the government's stake

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Intel's stock has dropped sharply, reducing the value of the U.S. government's holding in the company by about $12 billion. The company is facing pressure from weakening PC sales. Surging demand from the AI industry for memory and other components has pushed up PC prices. Higher prices are weighing on consumer and business purchases of personal computers, which hurts Intel's core market. The article's source reports these developments without providing further details on the company's response.

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