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Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

29 October 2026 at 21:17
The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

© Loren Elliott for The New York Times

A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.

The Key Numbers From Anthropic’s IPO Filing

We broke down the A.I. company’s key figures, which give insight into the health of its business, its future plans and who’s in charge.

© Jason Henry for The New York Times

Anthropic’s Code W/ Claude event in San Francisco in May. In a filing, the company provided rare insight into the business of a “frontier” A.I. lab that makes cutting-edge A.I. models.

Anthropic S-1 Reveals Rapid Growth Ahead of Blockbuster IPO

Ahead of what could be the largest public listing ever, Anthropic said revenue soared to $16.3 billion in the first half of the year, and it planned to spend $807 billion on A.I. infrastructure.

© Jason Henry for The New York Times

Anthropic, a powerhouse in A.I., is only five years old and seemingly came out of nowhere.
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