Intel stock slips as Trump bump cools and analysts stay cautious ahead of earnings
NEW YORK, Jan 12, 2026, 10:38 AM EST — Regular session Intel shares dropped 1.1% to $45.06 in early Monday trading, retreating slightly after a strong rally that thrust the chipmaker back into the spotlight on momentum screens. This pullback is significant because Intel’s recent rally has been driven more by sentiment—Washington politics, product news, and hopes of regaining ground in PCs and manufacturing—than by solid data. As earnings approach, traders are zeroing in on tougher questions: Is PC demand staying steady? Are data-center sales leveling off? And can Intel’s foundry effort — its contract chipmaking division — shift from