INTC is trading 3% down at $124.50 as investors continue to reassess stretched AI and semiconductor valuations after last week’s sector-wide selloff.
- The stock is pulling back from recent record highs near $140 as traders rotate away from richly valued chipmakers.
- Market participants are becoming increasingly selective toward AI plays following a powerful multi-month rally.
- Despite the current pullback, Intel remains one of the most significant semiconductor stories for 2026.