Intel stock drops again — what INTC investors are watching after Nvidia’s Meta deal
Intel shares fell 1.9% to $44.62 on Thursday, extending a three-day slide to 4.5% and holding near session lows after hours. The stock now trades about 18% below its January high. Nvidia announced a multiyear deal to supply Meta with AI chips and CPUs, intensifying competition in data centers. Investors await Friday’s U.S. inflation report and a March 4 appearance by Intel’s CFO.