Intel’s stock crashes, knocking $12B from government’s stake

What the coverage shows

Both outlets focus on Intel’s stock slump and the roughly $12 billion hit to the government’s stake. CNBC frames the drop as Intel’s worst day since the 1970s and links investor nerves to heavy AI spending by big tech, while TechCrunch instead emphasizes weak PC sales and says AI demand is raising prices for memory and other components.

Written by Crossfiled from the 2 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.