Intel's Fastest Growth in 15 Years Met an 8% Selloff: The $20 Billion Capex Bill Behind the Reversal
Intel beat on revenue, EPS, and margins, and still watched its stock reverse from a 13% after-hours pop to an 8% Friday selloff. The reason: a capex raise above $20 billion that reopened the debate over when Intel's AI-fueled turnaround actually pays for itself.