Intel Corp
INTCNASDAQTechnology · Semiconductors & Related Devices
Market cap
$546.68B
Employees
851,001
Exchange
NASDAQ
Headquarters
SANTA CLARA, CA
About Intel Corp
Intel is a leading digital chipmaker focused on designing and manufacturing microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and led the semiconductor industry down the path of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. The company is seeking to reinvigorate its chip manufacturing business, Intel Foundry, while developing leading-edge products in its Intel Products business segment.
INTC news
The Nasdaq 100 index declined today amid growing concerns over potential interest rate hikes, with technology stocks bearing the brunt of selling pressure. Intel shares plummeted 7%, reflecting broader weakness in the semiconductor sector. Rising rate expectations have triggered a risk-off sentiment among investors seeking safer assets.
Benzinga · May 15, 2026