Intel (INTC) Plunges 7.36% Amid Tariff Fears

Intel (INTC) shares plummeted 7.36% today, marking the third consecutive day of decline, with a cumulative drop of 19.17% over the past three days. The stock price hit its lowest level since August 2010, experiencing an intraday decline of 9.71%.

The recent imposition of tariffs by the Trump administration has been the most relevant cause affecting Intel's stock price movement. The tariffs, set to be imposed on U.S. trading partners, have heightened fears of inflation and economic slowdown. These concerns have negatively impacted the tech-heavy Nasdaq Composite and specific stocks like Intel. Market volatility and investor anxiety surrounding the potential economic impact of these tariffs are the primary reasons for the recent changes in Intel's stock price.