Intel shares fell 1% in premarket trading on May 18, 2026. The decline followed comments from President Trump suggesting the U.S. should have negotiated a larger equity position.
The U.S. government currently holds an approximately 10% stake in the chipmaker. The U.S. government finalized this $11.1 billion investment in August 2025.
Wall Street analysts issued upgraded outlooks the same day. Citi raised its price target for Intel from $95 to $130. Analysts cited growth in the CPU market for the revision. Benchmark increased its price target to $140 from $105. The firm maintained a buy rating on the stock.