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Intel shares drop 21% on Israel factory blast, PC weakness

By Anhata Rooprai and Max A. Cherney Oct 29 (Reuters) – Intel shares plunged 21% on Thursday after the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, while a faltering PC market could dent sales through the first half of next year. A below-estimates forecast came as exponential increases in memory prices have weighed on sales. Unless the stock recovers from the after-hours loss during Friday’s session, Intel would shed over

Advanced analysis (spheres, detailed sources, paid analyses)
Event date
exact date
Coverage
3 outlets · 3 articles
first · latest
Reporting countries
Portugal, Singapore
English
Countries concerned
Israel
Economy & energy · intensity 2.7 · tone -0.67
In 5 seconds

Covered mainly by the Western sphere (67%); silent in Sino-Russian & BRICS, Arab-Muslim world.

Western 67%Sino-Russian & BRICS 0%Arab-Muslim world 0%Global South 33%

Global sphere reading. The left / centre / right reading is shown in the coverage analysis below.

In 30 seconds
  • Confirmed by 6 outlets in 4 countries.
  • Ignored by Sino-Russian & BRICS, Arab-Muslim world.
  • Propagation: first reported by srnnews.com (Portugal), . 2 outlets republished 1 headline word for word.

Headline clash across the four spheres

Western
Sino-Russian & BRICS

No outlet in this sphere covers the event: blind spot.

Arab-Muslim world

No outlet in this sphere covers the event: blind spot.

Global South

Coverage analysis

Analyzing coverage…

Event sources

  1. Intel shares drop 21% on Israel factory blast, PC weakness
    srnnews.comPortugalPortugal → IsraelEnglish
  2. Intel shares drop 14% on Israel factory blast, PC weakness
    Channel News AsiaSingapourSingapore → IsraelEnglish
  3. Ações da Intel derrapam 21% com explosão de fábrica em Israel e abrandamento dos PC
    eco.sapo.ptPTPortugal → IsraelPortuguese
  4. Intel shares drop 21% on Israel factory blast, PC weakness
    The Straits TimesSingapourSingapore → IsraelEnglish
  5. Intel shares plunge 16% as Israel plant blast adds $600M hit
    Ynet NewsIsraëlIsrael → IsraelEnglish
  6. インテル、イスラエル工場爆発に加え業績見通しも暗く 時間外株価が2割超急落、時価総額は約17.3兆円消失か
    finance.biggo.jpPTJapan → IsraelJapanese