The David Lin Report · Friday, October 30, 2026
Chris Vermeulen and host David Lin analyzed the dramatic drop in tech stocks, highlighting Intel's single-day plunge of over 30%. Vermeulen explained that investors are severely punishing companies whose heavy capital expenditures on AI are not translating into immediate profits and are even hurting existing revenue streams like search.
“Intel's down 30% just today on Friday following a 20% drop yesterday.”
“When you look at Intel, I mean, it's down 30.4%, 30.5% today alone.”
“They're spending money on AI and it's actually hurting the rest of their business. It's actually hurting their search.”