$Intel(INTC)$

Intel Pulls Back 2% After Six-Day Rally: Profit-Taking or Rotation?

Intel declined 2.10% to $63.81, posting its first pullback after a five-session cumulative gain of over 21%, reflecting normal profit-taking pressure following an extended run. Today's session saw capital rotate visibly toward memory and AI compute plays, with MU surging 9% and NVDA breaking above $195, temporarily sidelining the Terafab narrative. With $62 as near-term support, is today's pullback a healthy consolidation for bulls, or a signal of thematic rotation away from Intel?

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