Intel stock price dips before Jan. 22 earnings as options flag a big INTC move
Intel shares fell 2.8% to $46.96 Friday, underperforming the semiconductor sector ahead of its Jan. 22 earnings report. Options data signal traders expect a swing of nearly 8% next week. Intel named ex-Qualcomm GPU chief Eric Demers to lead its AI data center GPU efforts after the close. U.S. markets will reopen Tuesday following the Martin Luther King Jr. Day holiday.