Intel Slumps 6% as $100M AI Deal and China Supply Delays Spook Markets

Intel Corp. shares fell more than 6% on February 10, 2026. The stock closed at $46.84 and tested key support levels. Investors reacted to a reported $100 million investment in AI startup SambaNova Systems. This move aims to bolster Intel's AI strategy but highlights execution risks in the competitive AI chip market.

Supply constraints in China for server CPUs added further pressure. These server products contribute more than 20% of Intel's total revenue. Warnings from February 6 detailed six-month delivery delays. The company also projected 10% price hikes for these components.

Intel's CPU market share recently stabilized at 56.64%. The stock's decline outpaced the NASDAQ, which fell 0.32%. Company-specific AI and supply news drove the movement rather than broader market trends.