Why Intel Stock Just Fell Again
Shares of Intel Corporation (NASDAQ: INTC) were down 5.6% as of 2:55 p.m. ET Tuesday. The S 500 gained 0.3% while the Nasdaq Composite was down 0.1%.
Intel stock is caught in a sectorwide sell-off that has stretched across Asia, Europe, and the U.S.
The sell-off is being fueled by fresh doubts about whether the money going into AI infrastructure will ever earn a return, as well as a Federal Reserve decision this week that some think could surprise investors.
Source Fool.com
Intel Corp. Stock
€78.19
-0.780%
Our community is currently high on Intel Corp. with 47 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 74 € is below the current price of 78.19 € for Intel Corp., so the potential is actually -5.36%.
