Intel Stock Today (Nov. 11, 2025): INTC slips ~1.5% as CEO takes direct charge of AI; SoftBank’s Nvidia sale weighs on semis
Intel shares closed down 1.5% at $37.88 Tuesday, with trading volume well below average as chip stocks slid. The company named CEO Lip-Bu Tan to oversee AI efforts after CTO Sachin Katti’s exit, while SoftBank’s Nvidia stake sale pressured the sector. Intel added Dr. Craig Barratt to its board and trimmed its 2025 opex target to $16.8 billion.