INTC is trading at $116.13 (-3.46%) mid-morning on May 14, 2026, as the semiconductor sector braces for Applied Materials (AMAT) earnings scheduled for after the close.
- The decline bucks a broader market rally, with the S&P 500 up 0.62% and the Nasdaq rising 0.81%.
- Options markets imply a ±7.75% move for AMAT, a key industry bellwether that is driving caution across the chip sector.
- Intel shares are seeing a pause and profit-taking after a parabolic run to $120+ following recent Q1 beats and foundry traction.