🔴 Intel-linked ETF (INTC.TO) is trading 3.69% down after Samsung’s chip profit missed estimates

INTC.TO is trading at CA$51.46 (-3.69%) as semiconductor stocks weakened after Samsung’s chip profit missed estimates despite record results.

• Lower-than-expected capital spending by Microsoft and Alphabet revived doubts about AI infrastructure demand.
• Intel was among chip stocks falling ahead of its after-close earnings report. Tech sentiment also softened after Alphabet’s results as investors awaited U.S. inflation data.