INTC is trading 4.4% down at $105.59 today as the stock extends a multi-day slide fueled by 18A foundry concerns and a broader semiconductor selloff.
- Investors are reacting to reports of AMD overtaking Intel in data-center revenue alongside worries regarding the timing of Intelβs 18A process yields.
- The chip sector faces broader pressure following weak Samsung results and cooling sentiment toward high AI-related expectations.
- Pre-market weakness reflects a cautious reassessment of semiconductor valuations amid fears of an AI bubble.