Goldman Sachs cut its Intel price target from $150 to $100 after the company warned of slower PC demand, costly memory, and a prolonged inventory correction.

The company is betting it'll gain CPU market share next year with Nova Lake, which is poised to take on AMD's X3D chips for PC desktops.

Intel just suffered its worst month in over four decades, and the analyst community is split on whether the stock represents a historic buying opportunity or a value trap with more pain ahead.

Intel's tepid guidance has negatively impacted AMD stock.

Intel's PC business has felt the sting of rising memory-chip prices — and the company expects the pain to last a while longer. Intel CFO David Zinsner said in a statement the company sees the slowdown in PC demand "continuing at least through the first half of next year.

Intel's earnings beat meant nothing once Wall Street saw what the company expects next, and the fallout is dragging down chipmakers and PC giants alike as a memory crunch reshapes the entire sector's near-term outlook.

Vivek Arya, Bank of America Securities senior semiconductor analyst, joins 'Squawk Box' to break down Intel's quarterly earnings results, the company's AI data center vs. PC business, and more.

Fujitsu, a well-known Japanese computer hardware brand, has introduced the Note Q laptop. This two-in-one laptop is powered by entry-level four-core Intel Twin Lake CPUs paired with a rather disappointing 8 GB of RAM.