Intel is trading at ARS 29200.00, down 4.01%, as semiconductor peers sold off after Lam Research’s cautious outlook renewed AI-spending and profitability concerns.

  • The sector trend, measured by SOXX, was down 4.20%.
  • Higher oil prices and Middle East tensions also pressured technology shares amid broader risk aversion.
  • No clear Intel-specific catalyst was identified; Intel’s third-quarter results are scheduled for October 29.