# Intel's foundry push faces a critical test after a 45% October stock plunge

> Original title: Intel foundry push faces critical test after stock's 45% plunge in October

- Source: CNBC · Technology
- Published: 2026-11-02T20:20:34.000Z
- Bad Influence: https://badinfluence.news/items/alfwrf5xbbhfifx17vmahozte
- Original: https://www.cnbc.com/2026/11/02/intel-foundry-faces-critical-test-after-stocks-45percent-plunge-in-october.html

## Summary

Intel's stock fell 45% in October, its steepest monthly drop on record, after the company warned that third-quarter revenue would fall $1 billion to $2 billion short of analyst estimates. CNBC reports that Intel still lacks a marquee outside customer for its advanced 18A chips, and says it is shifting some Oregon capacity from 18A to the older Intel 3 node to meet data center demand.