Key Highlights

  • INTC shares fell 5.67% to $116.03 at Monday's close on September 28, 2026, as the Nasdaq Composite lost 0.92%.
  • Intel has a sprawling footprint across processors, data-center silicon and its ongoing foundry ambitions in the US chip industry.
  • Higher long-term yields weigh on technology valuations, and semiconductors valued on long-dated growth are particularly exposed.
  • Arm and Qualcomm also finished lower, and the Nasdaq Composite dropped 0.92% to 26,820.38 in the same session.

Intel (NASDAQ:INTC) closed down 5.67% at $116.03 on Monday, September 28, 2026. The company is a US chipmaker with a broad footprint in processors, data-center silicon and foundry ambitions.

Latest Developments

INTC shares fell at Monday's close as the semiconductor group came under pressure.

Intel has a sprawling footprint across processors, data-center silicon and its ongoing foundry ambitions.

Financial and Business Position

Intel is a large-cap semiconductor name, and its shares often move with the chip group and the Nasdaq.

Stock-Market Context

Monday's close was weak for US stocks: the Dow Jones Industrial Average fell 0.67% to 51,481.51, the S&P 500 fell 0.77% to 7,683.69 and the Nasdaq Composite fell 0.92% to 26,820.38, while roughly two-thirds of US-listed issues declined.

Rates and energy set the macro backdrop: the 10-year Treasury Yield rose above 5.2%, the highest reading since 2007, and WTI crude touched about $96 a barrel intraday amid stalled US-Iran negotiations.

Arm (NASDAQ:ARM) and Qualcomm (NASDAQ:QCOM) also finished lower, and the Nasdaq Composite dropped 0.92% to 26,820.38.

A Foundry Story in a Chip Retreat

Intel closed Monday lower with the chip group in a weak Nasdaq. Its foundry ambitions and broad product footprint keep it at the center of sentiment toward US semiconductors.