INTC.TO is trading at CA$29.68, down 7.99%, as investors weigh whether the Democratic election sweep could bring tighter AI and data-center rules that may slow infrastructure expansion.
- Qualcomm’s weak handset-chip sales and outlook compounded the sector decline.
- Its handset revenue fell 26% to $5.14 billion, renewing concerns about smartphone demand and chipmakers’ near-term prospects.