NEW YORK, Jan 19, 2026, 16:04 ET — Market closed
Intel’s shares are positioned for a volatile open Tuesday following President Donald Trump’s tariff warning targeting eight European nations, which shook global markets despite the U.S. holiday. The chipmaker ended Friday’s session down 2.8%, closing at $46.96.
U.S. markets are closed Monday in observance of Martin Luther King Jr. Day, pushing the earliest gauge of risk appetite to Tuesday. That’s significant for Intel, as chip stocks tend to react sharply to trade policy shifts, and the week is packed with key events.
Intel plans to release its Q4 and full-year earnings on Thursday, Jan. 22, after the market closes, with a follow-up earnings call scheduled for 2 p.m. PT.
Friday’s action highlighted the stock’s volatility. Intel hit a peak of $50.21 and dipped to $46.71, closing at $46.96. Around 127 million shares exchanged hands.
Over the weekend, Trump announced plans to slap an extra 10% tariff starting Feb. 1 on imports from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain. That rate would jump to 25% on June 1 if no deal materializes. European tech stocks took a big hit on Monday. Kyle Rodda, senior analyst at Capital.com, said the move has “reintroduc[ed] trade uncertainty” that could keep weighing on equities. Reuters
Investors in semiconductors are keeping a close eye on the ripple effects hitting equipment and supply chains, not just on end-demand. ASML dropped amid concerns over tariffs, which could push up costs for its chipmaking tools and impact U.S. customers like Intel and Micron, Barron’s reported.
Intel’s future still depends heavily on execution. The chipmaker is working to prove it can scale up its next-generation “18A” manufacturing process, its newest chip technology, while rolling out fresh PC processors and aiming to regain market share from competitors like AMD. Reuters
Thursday’s report should put some hard numbers behind the story. Investors will be tuned in to Intel’s take on PC and data-center demand, and whether its “foundry” business — making chips for other companies — is cutting losses or still burning through cash.
Trade tensions remain the key uncertainty. EU officials are gearing up to retaliate if the tariffs are imposed. Reuters reported that EU leaders plan to debate their next moves at an emergency summit in Brussels on Thursday. Carsten Nickel, deputy director of research at Teneo, described the probable outcome as “a return to the trade war” that paused last year. Reuters
Intel’s shareholders face two key events in quick succession: trading resumes Tuesday after the holiday, then the company reports earnings after the market closes on Jan. 22. That will be followed by a webcast and conference call.
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