Intel Shares Plunge 30% on Weak PC Demand and AI Spending Costs
Intel's stock fell sharply, dropping about 30%, according to the Economic Times. The decline was attributed to weak demand for personal computers. Rising costs tied to artificial intelligence were also cited as a factor. The sell-off reflects investor concern over the chipmaker's near-term financial outlook. Please provide the full article text so the summary can be expanded with verified details.
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