Intel Corporation is trading 4% down at $105.82 as investors lock in profits following a multi-day AI-driven surge tied to major manufacturing orders.
- The pullback follows a significant 11.19% jump on June 8, 2026, which was fueled by reports that Alphabet/Google will rely on Intel for millions of specialized AI chips.
- Recent gains were driven by a string of broader AI partnerships, though current market pressure stems from a shift in general tech sentiment.
- Despite today's dip, the stock remains a focal point for investors following the massive scale of the Google AI-chip manufacturing agreement.