🔴 Intel is trading 5.5% down today as bond yields hit multiyear highs

Intel is trading 5.5% down at $20.20 as global bond yields reached multiyear highs, pressuring technology valuations.

• Semiconductor stocks came under heavy selling pressure on August 18, 2026.
• MarketWatch reported that Intel and other chipmakers tumbled 5%.
• Rising Treasury yields, Middle East tensions and profit-taking after the sector’s strong run appear to be driving the decline rather than a new Intel-specific announcement.