Intel Corp. Stock Slides 11.3%, Underperforms Peers

Dow Jones04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Intel Corp. plunged 11.3% to $99.17 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.6% to 7,383.74 and Dow Jones Industrial Average falling 1.3% to 50,866.78.

This was the stock's second consecutive day of losses.

Intel Corp. closed 25.3% short of its 52-week high of $132.75, which the company reached on May 11th.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 6.2% to $205.10, Broadcom Inc. fell 7.9% to $385.73, and Qualcomm Inc. fell 10.98% to $215.94.

Trading volume totaled 141.8 million, compared to the 50-day average of 131.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 05, 2026 16:33 ET (20:33 GMT)

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