Intel shares declined during a broader U.S. equity and semiconductor selloff, with separate reports putting the drop at 4.55% to $101.41 and 5.41% for the Sept. 11 session. The Dow Jones Industrial Average fell 0.74%, the Nasdaq Composite declined 1.07% and the S&P 500 dropped 0.66% in the newer market-data report, while the older report cited declines of 0.73%, 0.48% and about 1%, respectively. Piper Sandler initiated coverage with a Neutral rating and a $110 price forecast after Intel’s more than 10% Tuesday rally, which followed Northland Securities analyst Gus Richard’s upgrade to Outperform and $120 forecast. Other reported decliners included SKHY, Micron, Riot Platforms and SanDisk, while Apple gained 3.47%.