🔴 Intel is trading 3.1% down today amid a broad semiconductor sector sell-off

Intel is trading 3.1% down now at $99.67 as part of a sharp semiconductor sector pullback and broad profit-taking across chip names.

• Investors are de-risking after an extended AI-driven rally, with valuation and profit-taking concerns weighing on the stock alongside its industry peers.
• The decline comes despite strong earnings and raised capex guidance from TSMC, as the broader semiconductor index (SOXX) falls over 3%.
• Market sentiment has shifted toward locking in gains following the sector's significant recent outperformance.