Intel's headquarters in California. The company was once part of the Four Horsemen – tech companies that were leading players during the dot-com boom of the late ’90s and early 2000s. AFP

Intel stock - Figure 1
Photo The National

Friday's drop of almost 27% is driven by poor earnings, the suspension of dividends and plans to cut 15,000 jobs under a $10bn cost-reduction plan

Future Beat

Intel stock - Figure 2
Photo The National

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