Why Intel Shares Are Down Today
Yahoo Finance ·
Why Intel Shares Are Down Today Nauman Khan Fri, July 10, 2026 at 1:39 PM EDT 1 min read INTC MU ^IXIC META This article first appeared on GuruFocus . Intel ( NASDAQ:INTC ) shares fell about 3% on Friday as investors trimmed exposure to semiconductor stocks amid a broader pullback across the technology sector. The decline followed gains in chip stocks a day earlier, when reports of increased AI infrastructure spending by Meta Platforms (META) and Micron Technology's (MU) expanded long-term U.S. investment plans lifted sentiment. Friday's weakness appeared to reflect broader risk reduction as Nasdaq futures traded lower ahead of the market open. Warning! GuruFocus has detected 4 Warning Signs with INTC. Is INTC fairly valued? Test your thesis with our free DCF calculator. Intel is scheduled to report second-quarter results on July 23. Wall Street analysts currently expect the company to post earnings of $0.19 per share on revenue of about $14.4 billion for the quarter. Despite the recent pullback, Intel shares remain sharply higher over the past year. The stock has retreated from recent highs but continues to trade well above its 100-day and 200-day moving averages, suggesting the longer-term trend remains intact.
DYAX Investor Sentiment
Bullish (Long) 49% · Bearish (Short) 51%
498 participants
Related News
- 5 Top AI Stocks Investors Own on Robinhood
- Berkshire Hathaway (BRK.A) Is Making An $8.5 Billion Bet On Homes And AI
- Why Lumentum (LITE) Could Benefit From AI Optical Networking Demand as Co-Packaged Optics Adoption Accelerates
- Artificial Intelligence (AI) Stocks Have Crushed the Broader Market in 2026. Here Are 2 Top Stocks to Buy Before They Soar Higher This Earnings Season and Beyond
- Key deals this week: MGM, PERF, VRTX, and more
- SK Hynix's Nasdaq Debut Just Became the Largest U.S. Listing by a Foreign Company