On July 27, Intel fell 3.26% in regular trading, trading at approximately $89.66/share, with turnover of $3.042 billion. The stock had risen over 3% in pre-market trading before reversing sharply after the opening bell.
The selloff came despite Intel's strong Q2 results released earlier, with revenue of $16.1 billion representing 25% year-over-year growth — the strongest quarterly pace in nearly fifteen years. Adjusted EPS of $0.42 doubled market expectations, and Q3 revenue guidance of $15.8-16.8 billion significantly exceeded the $15.1 billion consensus. However, the company raised full-year capital expenditure from $15 billion to $20 billion, with management projecting a further increase to approximately $30 billion in 2027. Adjusted free cash flow remains negative, triggering valuation concerns among investors weighing near-term cash burn against long-term foundry ambitions.
The broader semiconductor sector also declined, with Advanced Micro Devices down 5.9%, SK hynix down 5.7%, Micron Technology down 4.42%, NVIDIA down 3.1%, and Taiwan Semiconductor Manufacturing down 1.67%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
