Intel (NASDAQ:INTC) Shares Down 3.2% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shares fell 3.2% on Monday. The stock traded as low as $100.71 and last traded at $101.35. 72,260,820 shares changed hands during trading, a decline of 38% from the average daily volume of 116,389,867 shares. The stock had previously closed at $104.70.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s second-quarter revenue increased approximately 25% year over year, its strongest growth in years. Erste Group also raised its fiscal 2026 and 2027 earnings estimates to $1.08 and $1.56 per share, respectively. Is Intel’s Record Sales Growth Still Improving?
• Positive Sentiment: Intel’s Crescent Island GPU D-Series targets lower-cost AI inference using air-cooled, high-memory hardware that can fit into existing data-center infrastructure. The strategy could help Intel capture enterprise AI demand as customers become more focused on capital efficiency. Intel Bets on Cheaper AI as Foundry Losses Mount
• Positive Sentiment: ASML said AI demand continues to exceed chip supply, while Intel has reportedly exposed 1 million wafers using ASML’s High-NA EUV technology. This supports the long-term opportunity for Intel’s manufacturing and foundry ambitions. AI demand to exceed supply for 2 more years, says ASML
• Neutral Sentiment: Investors are looking ahead to Intel’s upcoming quarterly results for evidence that improved chip supply, CPU demand, and external foundry customers are translating into stronger margins and cash flow. However, the stock’s sharp prior rally leaves limited room for disappointment. INTC Stock: What to Watch Before Earnings
• Negative Sentiment: An explosion at Intel’s Kiryat Gat facility in Israel unsettled investors and raised concerns about potential operational disruption, although the immediate financial impact was not detailed. Why Intel Stock Hit the Skids on Wednesday
• Negative Sentiment: Intel remains under pressure from heavy foundry losses: revenue is growing, but the division reportedly posted an operating loss near $2.1 billion. A separate $12.5 billion noncash charge contributed to an $11 billion GAAP net loss for the quarter. Applied Materials vs. Intel
• Negative Sentiment: A wider semiconductor sell-off, concerns about elevated valuations and financing costs, and intensifying Chinese competition are weighing on chip stocks broadly. Intel’s high valuation and roughly 20% pullback from its September high amplify sensitivity to negative news. Intel, AMD stocks fall as chip sell-off deepens

Analyst Ratings Changes

Several research firms have weighed in on INTC. Susquehanna lifted their target price on Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Rosenblatt Securities lifted their target price on shares of Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research note on Friday, July 24th. HC Wainwright set a $150.00 price target on shares of Intel in a report on Monday, June 29th. TD Cowen reiterated a “hold” rating and set a $115.00 price target on shares of Intel in a report on Thursday, September 24th. Finally, Wedbush increased their target price on Intel from $60.00 to $98.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus price target of $109.06.

Intel Price Performance

The company’s 50-day moving average price is $103.44 and its 200-day moving average price is $100.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $494.64 billion, a P/E ratio of -46.65, a P/E/G ratio of 10.81 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts predict that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several institutional investors have recently modified their holdings of INTC. ABS Investment Management LLC acquired a new stake in shares of Intel in the 2nd quarter valued at $694,101,000. Montgomery Financial Services LLC acquired a new stake in Intel during the 2nd quarter worth approximately $26,000. Knuff & Co LLC acquired a new stake in shares of Intel in the 2nd quarter worth $29,000. Glynn Capital Management LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $29,000. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares during the period. 64.53% of the stock is currently owned by institutional investors.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.