🔴 Intel is trading 3.07% down as chip stocks fall on AI-spending concerns

Intel is trading at $19.56, down 3.07%, as chip stocks fall amid mixed Big Tech results and AI-spending concerns.

• The Nasdaq Composite was down 1.29%.
• Intel’s third-quarter results are scheduled after the market close on October 29; they were not yet available during this morning’s move. No trading-volume figure was available.