INTC is trading about 3% down following a broad tech-sector pullback driven by renewed worries over heavy AI infrastructure spending and margin pressure across semiconductor names.
- The movement appears to be largely tied to general risk-off sentiment in big tech and chips.
- The decline is occurring as the S&P 500 and especially the Nasdaq are falling sharply today.
- No clear, stock-specific news catalyst has been identified for the move so far.