Intel’s 17% slide shakes semiconductor stocks — what Wall Street watches next week
Intel fell 17% to $45.07 Friday after warning of weaker server chip sales, dragging chip stocks lower ahead of next week’s earnings and Fed decision. Nvidia rose 1.53%, while Broadcom and Qualcomm declined. AMD gained 2.3%. Investors await results from Texas Instruments and ASML, with about 20% of S&P 500 firms set to report.