Intel (INTC) shares fell 3.04% to $46.82 on February 12, 2026, as the broader NASDAQ declined amid sector-wide concerns over AI infrastructure spending and a significant margin warning from Cisco.
- Despite the intraday drop, Intel continues to strengthen its long-term AI position through a $100M investment in SambaNova and the strategic hiring of a new GPU architect.
- Options flow suggests that smart money remains bullish with a price target of $50, even as the market digests strong jobs data and firm Federal Reserve policy.