Intel (NASDAQ:INTC) Stock Falls 3.2% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shares dropped 3.2% during mid-day trading on Tuesday. The company traded as low as $112.00 and last traded at $112.50. Approximately 100,724,141 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 116,989,313 shares. The stock had previously closed at $116.19.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan said the company will remain involved in Musk’s Terafab advanced-chip project. Although TSMC is reportedly discussing a potential role, Musk indicated that TSMC may sublease part of the facility rather than replace Intel entirely. Continued participation preserves a potential long-term growth catalyst tied to AI-chip manufacturing and packaging. Intel Stock Is Falling Thursday: What’s Going On?
• Positive Sentiment: Recent coverage highlights Intel’s high-NA EUV manufacturing progress and a possible CPU comeback. These developments could strengthen Intel’s foundry strategy, but investors still want evidence of customer commitments, factory utilization and attractive returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Neutral Sentiment: Intel is scheduled to report third-quarter 2026 results on October 29. Investors are likely to focus less on revenue—which recently exceeded company guidance—and more on whether gross margin improves from 41.8% in the prior quarter toward the approximately 42% outlook. Prediction: The Number That Will Move Intel Stock in October Isn’t Revenue
• Negative Sentiment: Chip stocks broadly sold off as higher energy prices and firm bond yields weakened appetite for growth shares. Intel’s recent gains may also have encouraged profit-taking, with no fresh company-specific guidance cut reported. Why Intel Corporation Stock Is Down Today
• Negative Sentiment: Potential TSMC involvement in Terafab raises the risk that Intel’s expected role and economic benefits could be smaller than previously hoped. Separately, Microsoft’s flagship laptop using Nvidia rather than Intel reinforces concerns about competitive pressure in PCs and AI computing. TSMC Could Partner With Elon Musk’s Terafab

Analysts Set New Price Targets

A number of research firms have weighed in on INTC. Roth Capital raised their price objective on shares of Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Zacks Research cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Oppenheimer assumed coverage on Intel in a report on Thursday, June 11th. They set an “outperform” rating for the company. Wolfe Research started coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. Finally, TD Cowen reaffirmed a “hold” rating and set a $115.00 target price on shares of Intel in a research report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $109.06.

Intel Trading Down 6.0%

The stock has a market capitalization of $536.43 billion, a PE ratio of -50.44, a price-to-earnings-growth ratio of 12.01 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $102.58 and a 200-day moving average price of $98.98.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company’s revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities analysts forecast that Intel Corporation will post 1.04 EPS for the current fiscal year.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Several hedge funds and other institutional investors have recently modified their holdings of the business. Primecap Management Co. CA purchased a new position in shares of Intel during the second quarter worth about $10,507,291,000. Legal & General Group Plc bought a new stake in Intel during the second quarter valued at approximately $4,096,110,000. Canada Pension Plan Investment Board purchased a new position in Intel in the 2nd quarter worth approximately $1,848,438,000. Bank of America Corp DE increased its holdings in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after buying an additional 8,342,514 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after buying an additional 5,714,400 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.