On October 14, 2025, Intel Corporation (INTC) shares fell -3.86% to $35.78 in live trading, following a major analyst downgrade from Bank of America Securities, which shifted its rating to 'Underperform' and maintained a $34 price target, citing concerns that Intel's recent rally 'has gone too far, too fast' and that its fundamentals and AI strategy remain unclear[2][6][7]. This downgrade comes after a period of strong gains and ahead of Intel's upcoming earnings report on October 23, 2025[1]. The selloff is exacerbated by broader market weakness, with major indices (S&P 500, NASDAQ, Dow) all down over 0.8%, and negative sentiment driven by escalating US-China trade tensions and anticipation of Federal Reserve policy signals.