Why Intel's stock is crashing and poised for further decline

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

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

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