Today: 13 June 2026
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NASDAQ:INTC 29 May 2026 - 6 June 2026

Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
6 June 2026
Intel Shares Drop Even as Tech Climbs—AI Trade Not Enough

Intel Shares Dip Premarket Despite Foxconn AI Deal

Intel shares slid 3.71% to $108.53 premarket as a new AI partnership with Foxconn failed to offset a chip-sector selloff sparked by Broadcom’s disappointing results; investors face uncertainty as Intel and Foxconn gave no financial details, customer names, or launch timeline for their AI collaboration, raising questions about how soon the deal could boost revenue.
4 June 2026
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U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. stocks fell from record highs as renewed U.S.-Iran fighting pushed oil prices up and revived inflation fears, with the Dow dropping 581.84 points and the S&P 500 losing 0.74%; traders now price in over a 40% chance of a Fed rate hike by December, up from 9.1% a month ago, as rising yields and Middle East risks threaten margins and delay Fed easing.
3 June 2026
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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s QQQM rose 0.2% to $306.54 after $835.44 million in five-day net inflows, driven by investor demand for AI-linked giants like Nvidia, Apple, and Microsoft, even as Zscaler plunged 8.9% on weak guidance, highlighting ongoing volatility and risk in concentrated growth funds.
2 June 2026
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Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm CEO says AI data-center CPU demand is outpacing forecasts, with ByteDance and Oracle as customers. Shares hit an all-time high, jumping 15.73% to $408.85 after Nvidia launched an Arm-based PC chip. Arm could reach its $15 billion AI chip revenue goal sooner than expected, with customer demand for AGI CPUs over 2027-2028 topping $2 billion, more than double March launch figures. Supply limits and export controls remain risks.
2 June 2026
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Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Hang Seng surged 2.28% and Shanghai Composite rose 0.43% as AI stocks drew buyers, offsetting a 0.3% Nikkei dip. Anthropic confidentially filed for a U.S. IPO after a $965 billion valuation. Nvidia’s CEO said supply remains tight despite robust growth. Alphabet plans to raise $80 billion for AI, including $10 billion from Berkshire Hathaway. South Korea’s CPI jumped 3.1% in May, fueling rate hike bets. Oil and Middle East risks kept market tone cautious.
2 June 2026
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Intel Stock Drops as Nvidia’s AI PC Chip Takes Aim at Its Core Turf

Intel Stock Drops as Nvidia’s AI PC Chip Takes Aim at Its Core Turf

Intel plunged 4.7% to $109.33 as Nvidia launched RTX Spark, a new AI PC chip set for release this fall in systems from Dell, HP, Lenovo, Asus, and Microsoft. Nvidia jumped 6.3%. The Philadelphia SE Semiconductor Index rose 1.1%. Intel’s Computex announcements of Xeon 6+ and Crescent Island failed to reassure investors. Barclays raised Intel’s price target to $100 but kept an Equal Weight rating.
2 June 2026
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Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up 44.70 points to 51,076.85 as Nvidia’s RTX Spark chip news lifts tech stocks; S&P 500 and Nasdaq also rise. Oil prices jump to $94.98 on renewed U.S.-Iran tensions, capping broader gains. Factory activity grows for a fifth month, complicating Fed rate outlook. Market breadth remains narrow, with most advances in tech and AI. Investors await Friday’s jobs report and the Fed’s June meeting.
1 June 2026
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Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Nvidia surged 4.34% after launching a new AI PC chip with Microsoft, while Qualcomm dropped nearly 7%. Dow fell 0.22%, S&P 500 flat, Nasdaq up 0.01%. Brent crude jumped 6.11% to $96.69 on Iran-linked risks. United Airlines slid 4.61%, Exxon rose 2.78%. Berkshire Hathaway agreed to buy Taylor Morrison Home for $6.8 billion; shares soared 22.43%. U.S. manufacturing PMI hit a two-year high.
1 June 2026
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Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow drops 0.22% to 50,920.76 after last week’s record, as delayed LSEG data and inflation worries weigh. S&P 500 flat, Nasdaq up 0.01%. Nvidia jumps 4% on new AI chip launch with Microsoft, boosting tech. Most S&P 500 sectors fall; consumer discretionary drops 2%. U.S. manufacturing PMI hits four-year high at 54.0, stoking inflation fears. Brent crude surges 6.11% to $96.69. Investors eye jobs data and Broadcom results this week.
1 June 2026
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Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel shares ended Friday down 5.1% at $114.68 after a 200% rally this year. At Computex, Intel unveiled Xeon 6+ chips, Ethernet E835 adapters, and details on its Crescent Island AI GPU, targeting cheaper AI inference. Risks remain: Crescent Island hasn’t proven performance or landed buyers, and Intel reported a $3.73 billion net loss. CEO Lip-Bu Tan’s Computex keynote is in focus for investors Monday.
1 June 2026
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Intel Shares Drop Even as Tech Climbs—AI Trade Not Enough

Intel Shares Drop Even as Tech Climbs—AI Trade Not Enough

Intel shares fell 5.1% to $114.68 Friday, lagging record highs in major indexes as over 191 million shares traded. Investors shrugged off MediaTek’s public support for Intel’s EMIB packaging tech, focusing instead on valuation concerns after a sharp AI-driven rally. The stock’s drop followed a downgrade from Northland Capital Markets earlier in the week.
30 May 2026
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Intel draws $150 target in AI drive, Wall Street says

Intel Shares Hold After AI Surge, Arc Chip Plays Developing

Intel shares closed at $120.89 Thursday, down 0.72%, after the company launched its Arc G-Series chips for handheld gaming PCs. Acer unveiled its Predator Atlas 8 using the new chips, with shipments from Acer, MSI, and OneXPlayer set for June. Intel’s stock remains near its May 11 high of $132.75, driven by strong data center CPU demand and recent AI orders. First-quarter revenue rose 7% to $13.6 billion.
29 May 2026
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Stock Market Today

  • Nvidia Market Cap Nears $5 Trillion Amid AI Chip Demand and China Expansion
    June 12, 2026, 7:34 PM EDT. Nvidia's market capitalization hovered near $5 trillion after shares closed flat at $205.19. The company reported record fiscal Q1 revenues of $81.6 billion, driven by $75.2 billion from its Data Center division, signaling robust AI infrastructure demand. Nvidia highlighted its new Blackwell Ultra GB300 NVL72 platform's performance, boosting efficiency for running multiple AI agents. Meanwhile, Nvidia is preparing a Vera CPU launch in China, aiming for revenue growth despite stalled GPU shipments and near-zero Data Center revenue from China. The firm forecasts Q2 sales of around $91 billion. Market watchers weigh Nvidia's lofty price-to-earnings ratio of 31.42 against the company's strong outlook and S&P Global's recent credit rating upgrade to AA, reflecting confidence in Nvidia's expanding AI hardware ecosystem.

Latest articles

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

13 June 2026
Super Micro Computer priced 45.45 million shares at $27.50 and depositary shares linked to 7% mandatory convertible preferred stock, aiming to raise up to $7 billion, sending SMCI down 4.7% to $30.46 as investors weigh dilution risk against $39 billion in non-binding AI server orders and await proof these orders convert to profitable revenue without further margin or share count pressure.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia Market Cap Hovers Near $5 Trillion; Vera China Launch and Blackwell Score Spotlight AI Demand Again

13 June 2026
Nvidia closed at $205.19, up 0.16%, as investors weighed strong AI infrastructure demand—including a $10 billion KKR-led Helix Digital Infrastructure launch with Nvidia as an anchor—against high valuation and risks like stalled China GPU shipments, heavy reliance on TSMC, and potential data-center power shortages, with the next major stock catalyst set for the June 24 annual meeting.
Nokia Oyj Gains 10% After JPMorgan’s AI Move

Nokia Oyj Gains 10% After JPMorgan’s AI Move

13 June 2026
Nokia soared 10.06% to €12.97 after JPMorgan raised its price target to €18, citing AI and cloud growth, making it the top OMX Helsinki 25 performer; the next key catalyst is Nokia’s Q2 and half-year report on July 23, with analysts divided as the average target remains below the current price despite bullish forecasts.
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