New York, Feb 11, 2026, 05:13 (EST) — Premarket
- Intel edged 0.45% higher in premarket trading, recovering slightly from its 6.19% slide the previous session.
- Intel is gearing up to show off “AI inference” demos for the telecom sector at Mobile World Congress this March.
- Mahindra has chosen Mobileye’s driver-assistance tech for use in its upcoming vehicles, according to the company.
Intel Corp’s stock ticked higher by 0.45% in premarket trade on Wednesday, recovering some ground after a steep drop the day before. Shares changed hands at $47.34 ahead of the opening bell, following Tuesday’s close at $47.13, down 6.19%. 1
This shift is significant: Intel is behaving like a high-beta chip play once more. The stock’s decline Tuesday dropped it right into the thick of a broader shakeout for “AI-infrastructure” names—these are the firms providing hardware for artificial intelligence. On the way down, Western Digital, Seagate, Micron, Lam Research and KLA all landed among the session’s prominent losers. 2
Macro jitters linger. December’s U.S. retail sales didn’t budge, and the Nasdaq slipped 0.59% on Tuesday as traders waited for Wednesday’s postponed nonfarm payrolls report. “In anticipation of the jobs report, nobody wants to get too far above their risk budget,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott. 3
Intel plans to leverage Mobile World Congress (MWC) in Barcelona to demonstrate “AI inference”—their term for operating AI models—directly within live mobile networks, touting potential efficiency benefits for telecom operators via what it describes as a single, open platform. The company said it will be at Hall 3, Stand 3E31 during the March 2-5 event. 4
Mahindra & Mahindra has picked Mobileye Global’s SuperVision and Surround systems—two “hands-free, eyes-on” ADAS offerings—for its next-generation vehicles. Intel still holds a majority stake in Mobileye. “We see India as a key growth market for ADAS technologies,” said Prof. Amnon Shashua, who serves as Mobileye’s president and CEO. 5
Intel’s session on Tuesday saw a rough ride, opening up at $50.41 and then dropping all the way to $46.76 before closing at $47.13. Trading volume came in around 99.8 million shares, figures from Investing.com show. 6
Intel’s January numbers and its guidance are still driving the swings. In a recent SEC filing, the company projected first-quarter 2026 revenue somewhere between $11.7 billion and $12.7 billion, and a GAAP loss of 21 cents a share at the midpoint—supply constraints are the culprit. “Our conviction in the essential role of CPUs in the AI era continues to grow,” CEO Lip-Bu Tan said. CFO David Zinsner flagged supply at “its lowest level in Q1 before improving in Q2 and beyond.” 7
Tan has been pushing for a closer tie between Intel’s data-center strategy and its push into areas beyond CPUs. Earlier this month, he told Reuters the company plans to enter the data-center GPU space—GPUs that power AI workloads—and brought in Eric Demmers, a veteran Nvidia architect, as chief GPU architect. “It’s tied in with the data center,” Tan said. 8
Traders are watching to see if Tuesday’s slide was just a blip or the opening move of something bigger following the stock’s January rally. A calmer open could provide a floor, though buyers probably won’t step in until Intel shows it can ramp up production and defend its margins, even as competitors continue loading AI servers.
Still, it’s not a straight shot. Intel shares could just as easily give back gains if the payrolls data jostles rate bets—or if supply snags drag out past what management has in mind, unsettling both customers and pricing. Then there’s the squeeze from Nvidia and AMD on the data center front.
The nonfarm payrolls report lands Wednesday. After that, attention swings to Barcelona, where Mobile World Congress kicks off March 2-5. Intel’s aiming to showcase its network and edge story to telecom clients and partners there. 9
