🔴 Intel-linked ETF (INTC.TO) is trading 3.02% down after Intel’s Q4 forecast missed expectations

INTC.TO is trading at CA$35.69, down 3.02%, likely reflecting continued repricing after Intel’s October 30 forecast missed expectations.

• Q4 revenue guidance was $15–$16 billion versus about $17.1 billion expected; adjusted EPS guidance was $0.25 versus $0.43 expected.
• PC-market weakness and supply constraints added pressure.
• Semiconductor stocks are attempting a rebound as broader markets rise, but sector concerns linger after Friday’s sharp chip-stock selloff.