🔴 Intel is trading 5% down today as semiconductor stocks weaken

Intel is trading 4.87% lower at $22.46, amid continued weakness across semiconductor stocks.

• SOXX is down 2.52% in the supplied sector data.
• Reporting links the chip selloff to concerns about AI spending after reports put OpenAI’s annualized revenue below earlier expectations.
• Broader U.S. indexes are slightly higher; no clear new Intel-specific negative catalyst was identified.