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● There was no company-specific news behind the drop.
● Selling targeted AI infrastructure and semiconductorSupplychain names.
● It makesData Centerconnectivity chips.
● The company had no news of its own and moved with its sector.
● Intel expects the PC slowdown to last into 2027.
● MoffettNathanson raised its target to $357 from $315.
● Revenue of $201.9 billion was just short of estimates.
● AWS disclosed a $578 billionBacklogof contracted business.
● Datadog, Shopify and Cloudflare also fell.
● A renewed court fight with Qualcomm returned to focus.
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