Intel shares fell between 7% and 10% as a broader selloff hit the semiconductor sector. Investors triggered the decline by taking profits from AI-related stocks following substantial year-to-date rallies.
Reports suggest Intel’s 18A manufacturing process may not achieve profitable yields until late 2026 or 2027. This potential delay raises investor anxiety regarding the timeline of the company's foundry turnaround strategy.
Intel confirmed price increases for several CPU models to offset rising supply-chain costs. High valuations and shifting market sentiment contributed to the stock's vulnerability during the retreat.
The company expects its Q2 earnings report on July 23 to serve as the next major market catalyst.