Intel (NASDAQ:INTC) slides as investors weigh foundry losses against AI gains
Intel is trading like an AI play, but the story is traders pulling back on the turnaround premium. The expenses are on the books, but the outside foundry growth isn't there yet. Nasdaq’s regular session hadn’t opened in New York; pre-market starts at 4:00 a.m. and runs to 9:30 a.m. ET, and July 8 isn’t listed as a Nasdaq holiday for 2026.