🔴 Intel is trading 3.29% down in pre-market as chip stocks broadly fall

Intel is trading 3.29% down in pre-market at $118.95 on September 28, amid overnight chip-stock weakness. - Intel closed at $123.00 on September 25, down 3.45%. - Overnight reports cited semiconductor declines of about 3%, technology weakness and heightened Iran tensions; broader risk aversion and softer futures may also contribute. - No Intel-specific catalyst was identified. Solidigm IPO exploration concerns SK Hynix’s subsidiary, not Intel, and does not explain Intel’s move.