🔴 Intel is trading 3.6% down today as semiconductor stocks sell off on AI spending concerns

Intel is trading 3.6% down at $87.27 as the broader semiconductor sector faces significant pressure.

• The move is driven by sector-wide weakness, with the SOXX index dropping 3.56% amid renewed concerns over heavy AI spending and stretched valuations.
• There are no clear company-specific catalysts for the decline, suggesting the move is tied to industry-wide risk aversion rather than an Intel-only event.