New York, Feb 11, 2026, 05:13 (EST) — Premarket
- Intel picked up 0.45% ahead of the bell, clawing back a bit after tumbling 6.19% in the last session.
- Intel plans to roll out “AI inference” demonstrations aimed at telecom at Mobile World Congress in March.
- Mahindra is turning to Mobileye’s driver-assistance technology for its next line of vehicles, the company said.
Intel Corp edged up 0.45% in premarket action Wednesday, clawing back a slice of Tuesday’s losses. Shares traded at $47.34 before the bell, up from the prior close of $47.13, which marked a sharp 6.19% fall.
This move matters—Intel’s trading like a high-beta chip stock again. Tuesday’s drop put it squarely in the middle of an AI-infrastructure selloff, with companies building the backbone for artificial intelligence all under pressure. Western Digital, Seagate, Micron, Lam Research, and KLA were also hit hard, tallying up as some of the session’s bigger losers.
Nervousness around the macro picture hasn’t faded. U.S. retail sales for December came in flat, and the Nasdaq lost 0.59% on Tuesday. With the nonfarm payrolls data pushed to Wednesday, many stayed on the sidelines. “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. Reuters
Intel is set to use Mobile World Congress (MWC) in Barcelona to show off what it calls “AI inference”—in other words, running AI models right in live mobile networks. The company claims its single, open platform could help telecom operators boost efficiency. Look for Intel at Hall 3, Stand 3E31 during the March 2-5 event. Newsroom
Mahindra & Mahindra is turning to Mobileye Global, selecting the company’s SuperVision and Surround systems—both marketed as “hands-free, eyes-on” ADAS—for use in its next-gen vehicles. Intel continues to own most of Mobileye. “We see India as a key growth market for ADAS technologies,” said Prof. Amnon Shashua, president and CEO of Mobileye. Mobileye
Tuesday wasn’t kind to Intel. Shares kicked off at $50.41, then slid sharply to a low of $46.76, settling at $47.13 by the close. Volume for the day landed near 99.8 million shares, according to numbers from Investing.com.
Intel’s January results and its guidance keep driving volatility. The company, in a recent SEC filing, put its first-quarter 2026 revenue outlook between $11.7 billion and $12.7 billion, with a GAAP per-share loss of 21 cents at the midpoint—supply constraints are behind the red ink. “Our conviction in the essential role of CPUs in the AI era continues to grow,” CEO Lip-Bu Tan said. CFO David Zinsner pointed out that supply is at “its lowest level in Q1 before improving in Q2 and beyond.” Intel
Tan has been advocating for a tighter integration between Intel’s data-center ambitions and its expansion outside of CPUs. Earlier this month, he told Reuters that Intel is getting ready to move into data-center GPUs—the chips central to powering AI tasks—and tapped Eric Demmers, a longtime Nvidia architect, to serve as chief GPU architect. “It’s tied in with the data center,” Tan said. Reuters
Traders are eyeing whether Tuesday’s drop signals the start of a deeper pullback or just a brief pause after the stock’s strong January run. A steady open might help steady nerves, but buyers are likely to stay on the sidelines until Intel proves it can scale up production and protect margins—even as rivals pile into AI servers.
Even so, it’s hardly a sure thing. Intel shares might slip if payrolls data shakes up rate forecasts, or if supply problems linger longer than management expects—which could rattle customers and put pressure on pricing. And don’t forget Nvidia and AMD pressing in on the data center side.
Nonfarm payrolls drop Wednesday. Then it’s straight to Barcelona, with Mobile World Congress running March 2-5. Intel plans to put its network and edge strategy in front of telecom clients and partners at the event.
