Intel’s reputation is heavily damaged as its stock drops 30% overnight alongside lawsuits over Raptor Lake
It seems that people aren't so pleased with Intel's recent events. After evidence began bubbling up that Intel was selling defective 13th and 14th-generation chips, the company noted that they were suffering irreversible damage due to no fault of the consumer. And while Intel did state it would fix the issue with a patch, it riled some feathers when it declared that it wouldn't be pulling products from shelves or offering a recall. Now it seems that the market has had enough, as Intel has been slapped with both a class-action lawsuit and a hefty 30% overnight drop in its stock.
It seems that people aren’t so pleased with Intel’s recent events. After evidence began bubbling up that Intel was selling defective 13th and 14th-generation chips, the company noted that they were suffering irreversible damage due to no fault of the consumer. And while Intel did state it would fix the issue with a patch, it riled some feathers when it declared that it wouldn’t be pulling products from shelves or offering a recall. Now it seems that the market has had enough, as Intel has been slapped with both a class-action lawsuit and a hefty 30% overnight drop in its stock.
Dylan Rodriquez
United Kingdom
United Kingdom
Published by: aplhsindia.in
