Intel Stock Plummets 4.87% in Three Days as Trading Volume Surges to 44th Highest Ranking Amid Potential NEX Division Exit

On May 30, 2025, Intel (INTC) experienced a significant drop in its stock price, falling by 3.46% over three consecutive days, resulting in a total decline of 4.87%. The trading volume for the day was 22.38 billion, marking a 66.24% increase from the previous day and placing it as the 44th highest in terms of trading volume for the day.

Intel is reportedly considering an exit from its Networking and Edge (NEX) division. This strategic move aims to sharpen the company's focus on its core CPU and data center chip businesses. By divesting from NEX, Intel could streamline its operations and allocate more resources to areas where it has a competitive edge, potentially enhancing its market position and profitability.

Intel's potential exit from the NEX division is part of a broader strategy to refocus on its core strengths. This move could help Intel better compete in the rapidly evolving semiconductor market, where companies like Broadcom are making significant strides in AI chip technology. By concentrating on its core competencies, Intel may be able to innovate more effectively and respond more quickly to market demands.