Intel is trading 3.45% up at $18.57 on October 23, 2026, amid a rebound following a sharp semiconductor selloff; no company-specific catalyst for the rise has been identified.

  • The selloff was tied to concerns about returns on AI infrastructure spending and Lam Research’s cautious outlook. Reports described Intel among chipmakers hit by the sector-wide decline.
  • Semiconductor-sector pressure persists, while broader indices are mixed.