Intel faces challenges as reports indicate the company will enforce strict power limits on motherboards to address instability issues. The tech giant experienced its worst month in nearly 22 years with shares dropping over 31% in April. Additionally, Intel is confronted with a proposed class action lawsuit alleging misleading investors about a new business model resulting in $7 billion in operating losses. The company's stock is now down 40% year-to-date after a bubble climax at the beginning of 2024. Despite issuing a statement on CPU instability, Intel's power recommendations differ from previous practices.
Intel $INTC now down 40% YTD after the LPPL bubble climax at the start of 2024. LPPL (Log Periodic Power Law) models are tactical models that look for patterns of herding behavior in prices. https://t.co/DH3wszLvWl
#Intel has issued a statement regarding the #instability of its CPUs, setting out a new list of power recommendations that isn't aligned with what we've seen. https://t.co/dI1crZ9UXC
A new trend? Blame earnings weakness on Biden policies: here's Intel https://t.co/UjIdBcishc
Intel Corp. has been hit with a proposed class action alleging that the tech giant misled investors about the success of a new internal business model only to see one segment of the company report $7 billion in operating losses earlier this year. https://t.co/X6Ph6rFGDF https://t.co/4AdPklo91L
Intel $INTC suffered its worst month in nearly 22 years, as shares ended April more than 31% lower on growth and execution concerns in its turnaround. April’s loss was the chipmaker’s worst month since June 2002.
A new report claims #Intel will enforce some strict power limits on #motherboards to counter a recent wave of instability. https://t.co/boRNpsKvyJ