Skip to Content
Opening Bell

Chart of the Day

  • Strongest-10.77Dell Technologies
  • Weakest-28.58Intel
  • Up / DownOf 8 Items
  • Nasdaq 100− 3.47%37 Advanced, 63 Declined

Intel's Weak Outlook Drags Chip Stocks as Tech Tumbles

Biggest Decliners, Daily Change %

  1. Dell Technologies-10.77
  2. Advanced Micro Devices-10.88
  3. Astera Labs-10.93
  4. Qualcomm-11.12
  5. Coherent-11.34
  6. Datadog-11.50
  7. Sandisk-13.47
  8. Intel-28.58

What It Shows

Every one of the day's biggest decliners came from tech, led by Intel's 28.58% plunge. The chipmaker's weak quarterly outlook deepened worries about soft PC demand, and the selling spread to peers such as Sandisk, Qualcomm and AMD. Lingering doubts about the pace of AI spending added to the pressure. The technology fund fell 4.89%, the Nasdaq 100 dropped 3.47% and the S&P 500 lost 1.77%. Yet 6 of 11 sectors finished higher, with energy up 1.91% and consumer staples up 1.41%, so the damage was concentrated in heavily weighted tech rather than spread across the market. Next, watch whether the chip selloff spills into the rest of the AI infrastructure trade.

Percentages are close-to-close, from daily trade bars (Alpaca SIP); every figure in the text appears in that day's data.

Sources

Not Investment Advice.

The Market That Day

Oct 30 CloseDay's Poster

Indices

  1. Nasdaq 100QQQ− 3.47%
  2. S&P 500SPY− 1.77%
  3. Dow JonesDIA− 1.07%
  4. Russell 2000IWM− 1.65%

Top Movers

Biggest Gainers

  1. REGNRegeneron Pharmaceuticals, Inc.+ 13.33%
  2. TMUST-Mobile US Inc+ 6.21%
  3. CMCSAComcast Corporation+ 4.27%

Biggest Losers

  1. INTCIntel Corp− 28.58%
  2. SNDKSanDisk Corporation− 13.47%
  3. DDOGDatadog Inc− 11.50%

Calendar

There were no economic releases that day.

55 Companies Reported

  • +50

Indices, breadth and top movers come from the same source as the Day's Poster: closing bars for that day and the previous session. Indices are shown through the funds that track them (QQQ, SPY, DIA, IWM); breadth and top movers use today's Nasdaq 100 member list.

Alpaca · SIPUpdated 06:38 NY

To Understand This

What Is an Index?Where the number called the S&P 500 comes from — and why it behaves differently from the Dow.What Is Sector Rotation?Money changing sectors without leaving the market — and how that tracks the economic cycle.