INTC is trading 3.3% down now at $41.21, experiencing normal profit-taking following a multi-day AI-driven surge tied to its new 18A-based Core Ultra Series 3 processors and CES buzz.
- The stock had previously jumped 6–8% on January 7 off CES excitement and growing analyst optimism.
- Today's decline is viewed as consolidation rather than a reaction to fresh, company-specific negative news.
- The move is occurring while the broader tech sector is generally weaker.