Why Intel Stock Just Fell Again
Between AI spending doubts, a potential Fed surprise, and new competition from China, here's what's rattling investors.
Overview
Shares of Intel Corporation (NASDAQ: INTC) were down 5.6% as of 2:55 p.m. ET Tuesday. The S&P 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.
Details
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
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.