Intel extends losses as worries over chip s ecurity linger
Intel extends losses as worries over chip s.ecurity linger.
(Reuters) - Intel Corp (INTC.O) shares fell as much as 5 percent on Thursday, marking their biggest one-day drop in more than a year, a day after a report said mobiles and computers using its chips were vulnerable to being hacked.
Intel’s shares were trading at $43.16 in heavy early morning trading. They closed down 3.4 percent on Wednesday.
Security researchers on Wednesday disclosed a set of flaws that they said could let hackers steal sensitive information from nearly every modern computing device that uses chips from Intel, Advanced Micro Devices Inc (AMD.O) and ARM Holdings.
Intel said it has started providing software and firmware updates to mitigate the security issues, which it claimed would not have any financial or market-share impact.