Intel Tumbles 0.65% as $1.36 Billion Volume Slides to 57th in U.S. Liquidity Rankings

On September 11, 2025, Intel (INTC) closed down 0.65% with a trading volume of $1.36 billion, ranking 57th among U.S. stocks by liquidity. Market participants observed mixed signals as the chipmaker navigated earnings expectations and supply chain dynamics. A recent partnership with a European semiconductor materials supplier highlighted potential cost efficiencies, though analysts noted limited immediate impact on near-term revenue visibility.

Investor sentiment remained cautious amid broader sector volatility. A regulatory filing revealed an internal restructuring of R&D priorities, shifting focus toward AI infrastructure projects. While the move aligned with long-term strategic goals, some observers questioned the timing against upcoming product cycle transitions. Short-term traders tracked volume patterns, with the stock's liquidity profile suggesting moderate institutional activity despite the decline.

To run this back-test accurately I need a few execution details that aren’t specified yet: 1. Universe definition • Should the ranking be done across all U.S. listed common stocks, a specific index (e.g., Russell 3000, S&P 1500), or another universe? 2. Trade timing & pricing convention • Do we: a) rank on today’s volume, buy the 500 names at today’s close, and exit at tomorrow’s close (≈ 1-day hold), or b) rank on yesterday’s volume, buy at today’s open, sell at today’s close? 3. Position sizing • Equal-weight each name daily (default) or weight by something else (e.g., volume share)? 4. Frictional costs • Assume zero transaction costs/slippage (default) or apply a specific bps cost each side? Let me know your preferences (or confirm the suggested defaults), and I’ll proceed to build the data-retrieval plan and run the back-test.