D-Keine Intel Corporation's (NASDAQ:INTC) shares fell a massive 27% after the company submitted its Q2'24 earnings scorecard that showed surprisingly weak guidance for the chipmaker. Intel missed quarterly revenue estimates and reported a $1.6 billion loss as the company is scaling up production of its Core Ultra PC chips. Additionally, Intel announced an aggressive cost restructuring package, which is set to lay off 15% of its global workforce and eliminate the dividend for the fourth fiscal quarter. The d ...