Why Intel Stock Is Sinking Today
Shares of (NASDAQ: INTC) are falling on Wednesday. The semiconductor giant's stock lost 4.4% as of 3:30 p.m. ET and as much as 4.9% earlier in the day. The fall comes as the S 500 lost 0.2% and the Nasdaq Composite rose 0.3%.
A Citi research note revealed Intel's market share has fallen to a two-decade low as rival Arm Holdings makes significant gains.
Intel shares declined after a Citi research note published Wednesday highlighted a concerning trend for the chipmaker. The note revealed that Intel's share of chip shipments fell by more than 1.8% to 65.3% in the first quarter of 2025. That's the lowest level since Citi began modeling the industry in 2002.
Source Fool.com
Intel Corp. Stock
€39.42
1.090%
Currently there is a rather positive sentiment for Intel Corp. with 24 Buy predictions and 19 Sell predictions.
However, we have a potential of -26.42% for Intel Corp. as the target price of 29 € is below the current price of 39.42 €.
