NEW YORK, Jan 31, 2026, 18:11 EST — Market closed
- Intel shares dropped about 4.4%, ending the day at $46.47
- Vanguard disclosed an 8.11% stake in a recent Schedule 13G filing
- Next week’s focus shifts to the Feb. 6 U.S. jobs report, with a busy earnings schedule also on tap
Intel (INTC.O) ended Friday’s session at $46.47, down about 4.4% from Thursday’s close. The stock swung between $45.97 and $49.56 throughout the day, with trading volume hitting roughly 115 million shares, market data shows.
The late-week drop stands out because Intel’s stock has been propelled mainly by a couple of crucial factors: its ability to supply enough chips to data centers and PCs, and whether it can keep margins strong while doing so. Whenever doubts creep in about these points or delays emerge, traders have been swift to sell on any price upticks.
Policy risks and new inflation figures have rattled investors, sparking bouts of volatility in tech and chip stocks. Intel, in particular, has stood out as one of the sector’s most sensitive plays to these swings.
Wall Street’s main indexes closed lower Friday as investors digested President Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh to succeed Fed Chair Jerome Powell, coupled with an inflation report that came in hotter than expected, Reuters reported. Michael Hans, chief investment officer at Citizens Wealth, said, “Markets are calibrating to Trump’s pick of Kevin Warsh.” (Reuters)
On Friday, a Schedule 13G filing showed The Vanguard Group owns about 404.5 million shares of Intel, equal to an 8.11% stake as of Dec. 31. This form is required when an investor’s holding passes the 5% threshold. (Intel)
Intel’s latest earnings report this month highlighted ongoing supply challenges. The company forecasted revenue between $11.7 billion and $12.7 billion for the current quarter, with adjusted EPS expected to hit zero—missing Wall Street’s forecasts. Intel continues to lag in meeting demand for server chips used in AI data centers. CEO Lip-Bu Tan told analysts, “I’m disappointed that we are not able to fully meet the demand in our markets,” while CFO David Zinsner said cloud customers “were all a little bit caught off guard” by the sudden surge. (Reuters)
Investors are cautious about a key risk: supply bottlenecks stretching past early predictions. At the same time, growing costs to roll out new products are putting tighter margins under strain as competition heats up. Should AI-driven data center growth falter, that pressure might mount—Nvidia holds the lead in AI accelerators, while AMD pushes hard with its CPU upgrades.
Next week brings a packed schedule, with earnings reports from Alphabet and Amazon hitting alongside the Feb. 6 U.S. jobs report. Jim Baird, chief investment officer at Plante Moran Financial Advisors, cautioned that the market has little tolerance for earnings disappointments, especially given the “very, very lofty” expectations companies are up against. (Reuters)
Traders focused on Intel are watching the U.S. employment report for January, due out at 8:30 a.m. ET on Friday, Feb. 6. (Bureau of Labor Statistics)
