Intel is trading 3.06% down at $23.76 on October 6, 2026, as Elon Musk’s confirmation of early discussions with TSMC about a possible role in Terafab raises questions about Intel’s position in the project.
- No agreement has been announced.
- Semiconductor stocks also eased after an early-October rally, adding sector pressure. The broader market is higher, so its gains do not explain Intel’s decline.