🔴 Intel is trading 6.4% down today as chip rout and tariff worries hit sentiment

Intel is trading 6.4% down today at ARS 27,340 amid a broader semiconductor selloff fueled by AI spending concerns and new U.S. tariffs.

• The decline follows weaker-than-expected earnings from industry peers, which have dampened manufacturer sentiment across the sector.
• This move extends a drawdown that began in late July, as traders react to sector-wide volatility despite Intel’s recent strong Q2 performance and positive guidance.