🔴 Intel is trading 7.45% down today as leading AI executives urge slower AI development

Intel is trading 7.45% down at $96.03 as calls from leading AI executives to slow advanced-AI development pressure expectations for AI infrastructure spending and semiconductor demand.

• The move is sector-wide: SOXX is down 5.54%, while the Nasdaq is down 1.09%.
• Reuters reported Intel was down nearly 6% alongside broad losses in AMD and Marvell.