Intel is trading 4.22% down at $18.85, amid a semiconductor-wide selloff and concerns about returns on AI infrastructure spending.
- October 22 coverage described broad declines among chip stocks and a disappointing investor reaction to Lam Research’s outlook.
- Susquehanna lowered its Intel price target to $105 from $115, maintaining a Neutral rating ahead of Q3 earnings; the cited coverage had no Intel-specific earnings results.