Intel Corporation is trading flat at $22.11 (0%) as the stock consolidates following a volatile period driven by optimism over new AI foundry contracts.

  • Shares surged 10.6% on June 8 after reports that Google and Nvidia placed multi-million-unit AI chip orders, followed by a 3.1% pullback on June 9.
  • The current price stability suggests investors are digesting recent gains while news flow remains focused on the long-term impact of the foundry deals.