Intel Drops 5.75% Amid Market Sell-Off

Intel's stock price experienced a significant drop of 5.75% during pre-market trading on April 4, 2025, amidst a broader market sell-off.

Intel's stock price has shown volatility in recent days, with notable movements both upwards and downwards. On one hand, Intel's stock posted gains despite a broader market sell-off, closing the day up 2.1%. On the other hand, the stock moved lower on another day, reflecting the company's ongoing challenges and market uncertainties.

Recent updates regarding Intel's foundry business have also caught the attention of investors. Reports suggest that Intel has reached a tentative agreement with TSMC, which could potentially revitalize its struggling foundry operations. This development is seen as a positive step for Intel, as it seeks to regain its competitive edge in the semiconductor industry.

Overall, Intel's stock price movements reflect the company's efforts to navigate a challenging market environment and address internal issues. Investors will be closely watching Intel's next moves and the impact of its strategic agreements on its financial performance.