Intel Corporation is the first chipmaker to ship a mass-produced logic chip made with High-NA EUV, a lithography tool for making smaller circuit patterns. But there's a bigger question for investors: can Intel use this $400 million machine to lower chip costs and bring in enough foundry business to cover its factory outlay?
Intel Corporation has begun high-volume production of a subset of Panther Lake laptop chips using ASML Holding N.V.’s High NA EUV system, making it the first chipmaker to ship a volume logic product with the technology. The more useful signal for investors is what Intel did not do: selected 18A layers are also qualified on ASML’s established NXE platform at matched yields, so Panther Lake is not tied to the new machine.
Intel Corporation shares rose 1.4% to $104.55 as of about 10:55 a.m. EDT on Tuesday, but the gain hid a weak recovery. The stock had erased roughly 70% of its 4.6% opening jump and was still down 4.8% from Friday, leaving it behind a broader rebound in chip shares. Investors are rewarding demand, but not yet the spending needed to meet it.
Intel Corporation lost about $52.9 billion in market cap between the July 2 close and Friday based on its current share count. U.S. exchanges were shut Sunday; shares finished at $109.84, off 2.4% Friday and down 8.7% over those days—a drop far larger than the implied value of Intel's Altera stake.
Intel Corporation dropped 2.5% to $109.68 at the start of Friday’s session, lagging behind the iShares Semiconductor ETF, which slipped 0.6%. Advanced Micro Devices added 1.3% while Nvidia was up 1.7%. Intel was alone in the red as chip stocks traded mixed.
Nikkei 225 fell under 67,000 Wednesday. AI-linked chip shares lost ground as investors trimmed positions. The yen slipped again, hovering near levels that have sparked currency intervention risk.
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.
Intel Corporation shares traded lower in premarket Tuesday. Wall Street analysts have raised their earnings targets for the chipmaker going into its July 23 report.
Intel Corporation looked ready for a partial bounce before the bell on Monday, but investors are watching another figure: NVIDIA Corporation’s position in Intel now shows a paper profit of over $20 billion since last year.
Intel Corporation traded up 2.86% at $123.79 ahead of the open, snapping back $3.44 after falling $6.67 on Thursday. That means the shares tried to recover more than half of last session’s loss in premarket, but didn’t get back all of it.
U.S. stock futures edged higher ahead of Monday’s opening bell, with gains looking tight in early trading. Nasdaq-100 futures gained 1.02% as of 05:40, S&P 500 futures were up 0.44% by 05:42, and Dow futures added 0.06% at 05:31. The gap between Nasdaq-100 and Dow futures stood at 96 basis points.
Markets in the U.S. were closed Friday for Independence Day observed, so the latest Intel Corporation quote comes from Thursday’s session. Both Nasdaq and NYSE calendars show a full-day holiday for July 3, 2026, as well.
President Donald Trump’s reported crypto income now ties in with a new taxpayer-backed equity plan. His crypto total for 2025, more than $1.4 billion, about matches the government’s starter fund for 1.4 million eligible Trump Accounts. The Office of Government Ethics posted Trump’s certified annual disclosure June 30. Reuters reported the filing lists over $1.4 billion from crypto, with nearly $800 million from World Liberty Financial and $635 million from Trump meme coin sales.
OpenAI has reportedly offered the U.S. government a 5% stake, which at the company’s latest $852 billion valuation would value the holding at $42.6 billion. That potential piece would be bigger than most recent direct government stakes in U.S. companies and could be key for IPO buyers to watch. OpenAI in March said it closed $122 billion in committed capital.
Intel Corporation heads into the new trading week facing more than just Thursday’s 5.25% slide. Since its June 30 high, the stock has lost around $112 billion in market cap, wiping out much of the value gained on hopes for a faster server CPU cycle and foundry business shift.
Intel Corporation dropped steeper than the rest of chip names Wednesday, losing 7.7% to $128.88 just before 1 p.m. EDT. Shares swung between $127.98 and $138.89 and were less than $1 off the session low. Based on live price and market cap, the drop from Tuesday’s close wiped away about $54.7 billion in equity value.
U.S. stock futures ticked higher early Tuesday, but traders didn’t keep up Monday’s big technology rally. The key move was the gap between cash trading and futures: the Nasdaq Composite jumped over 500 points Monday, but as of 5:24 a.m. EDT, Nasdaq 100 futures added just 14.25 points. Exchanges in the U.S. were on track for a regular session. According to the NYSE’s 2026 holiday schedule, the next market closure is July 3 for Independence Day.
Intel Corporation was ahead of most analyst price targets early Tuesday, giving bulls a new headache. Regular U.S. trading hadn’t started yet; Nasdaq’s market hours run 9:30 a.m. to 4 p.m. ET, with premarket open from 4:00 a.m. to 9:30 a.m. ET.