Intel 7nm CPU delay sees shares slump as it falls further behind AMD Ryzen

Following Intel’s recent announcement of a major production technology delay on its new 7nm CPU chip technology, many investors have decided to sell off their company shares. 

Intel’s stock dropped from $61.15 on July 20 to $50.59 on July 24 after the company announced that it would postpone introduction of its first 7nm CPUs made using its 7nm fabrication technology by 6 to 12 months. 

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