Intel plunges and drags Nasdaq after weak forecast for personal computers
Intel shares fall sharply in the pre-market after a lower-than-expected forecast for PCs, and Amazon's balance increases the pressure on the Nasdaq.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM SEU DINHEIRO · 3 MIN
Intel (INTC) opened Friday (30) with a sharp drop and took the Nasdaq along with it, which fell by more than 2% in the first hours. According to Seu Dinheiro, the chipmaker's shares fell more than 25% in the pre-market, and the fall stimulated a sell-off in the technology sector.
The company's balance sheet, however, was read in different ways. Seu Dinheiro reports that the result for the third quarter of 2026 was above expectations, and Money Times records that the company reversed the loss, with numbers released after the close of Thursday (29). InfoMoney describes the balance as below expectations. Sources differ in this assessment, but converge in the projection for the fourth quarter.
This projection is the point of attention. According to Seu Dinheiro, revenue forecast for the fourth quarter was below Wall Street estimates, with a drop in PC sales. For InfoMoney, the pessimistic forecast signals a slowdown precisely in personal computers, and shares fell 21% in the after-market. The figures vary depending on the time considered.
In the same wave of news, Amazon put pressure on the index. According to InfoMoney, third-quarter profit and revenue fell short of Wall Street expectations, and shares fell 6% in after-market trading. Free cash flow was negative at US$42.4 billion, while the investment forecast (capex) for 2026 was maintained at US$220 billion.
The effect was cumulative. At 8:03 am US time, Nasdaq futures fell 2%, according to InfoMoney, after Amazon and Intel. Seu Dinheiro also recorded a loss of more than 2% in the first hours, with Amazon's balance sheet as an additional factor.
What changes for the investor
The episode shows how two relevant technology names can influence the entire index in the same trading session, and how Nasdaq volatility can increase in the short term when the news adds up. Reports differ about Intel's balance sheet, so it's worth checking the official documents before drawing conclusions, especially about the projection for the fourth quarter. This text does not recommend buying or selling assets and does not project prices. To follow the case, the next signs are the evolution of PC sales, the cash flow of companies that maintain heavy investments in infrastructure and the market's reaction to the next announcements.
Automatically translated from Portuguese.
