---
title: "Intel Tumbles on PC Outlook, AWS CEO on AI Spending and Growth"
type: signal
url: https://frontiernewswire.com/s/intel-tumbles-on-pc-outlook-aws-ceo-on-ai-spending-and-growth-6f40bced
published: 2026-10-30T17:28:52.000Z
byline: "Source: Bloomberg Tech"
---

# Intel Tumbles on PC Outlook, AWS CEO on AI Spending and Growth

Source: Bloomberg Tech · Published 2026-10-30 · Canonical: https://frontiernewswire.com/s/intel-tumbles-on-pc-outlook-aws-ceo-on-ai-spending-and-growth-6f40bced

Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker's struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant's accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in an attack that rocked the crypto world. (Source: Bloomberg)

In this story: [AWS](https://frontiernewswire.com/companies/aws), [Intel](https://frontiernewswire.com/companies/intel), [Ed Ludlow](https://frontiernewswire.com/people/ed-ludlow)

## Sources

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/videos/2026-10-30/bloomberg-tech-10-30-2026-video)

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---

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