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Benzinga
Benzinga
Business
Chandrima Sanyal

Intel's $90 Billion Wipeout Sparks 20% Crash In These ETFs

Intel Corporation ETF Semiconductor Tesla Inc. Sydney Morning Herald The Kobeissi Letter
Intel

Intel Corp. (NASDAQ:INTC) delivered another painful reminder, after Tesla Inc.’s (NASDAQ:TSLA) rout, of the risks of leveraged single-stock ETFs.

A dramatic post-earnings reversal erased nearly $90 billion in market value in less than 24 hours. The reversal comes amid elevated volatility across semiconductor stocks, with investors reassessing AI-related valuations and earnings expectations.

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