Intel stock fell 5.28%, underperforming the broader Technology Equipment sector, which declined 2.85%, as investors took profits after a strong recent rally. The advance had been supported by expectations of possible price increases across Intel’s processor lineup and progress on High Numerical Aperture Extreme Ultraviolet lithography with ASML. Intel’s forward valuation had also moved above its longer-term average, while short-term technical measures indicated stretched conditions. Semiconductor weakness added to the selling, with Micron Technology down 5.71% and NVIDIA falling 3.13%, while Apple gained 0.44%. Debate over the pace of future artificial intelligence infrastructure spending increased pressure on chipmakers and weighed on expectations for Intel’s Data Center and AI business, which depends on continued enterprise hardware demand. Investors remain focused on Intel’s costly manufacturing expansion, including spending on new factories, advanced manufacturing tools and process development. The foundry business continues to record losses, pressuring margins and cash flow as the company works to rebuild its production position. Intel’s recovery plan has gained support from recent revenue growth and other business progress, but higher costs, execution risks and changes among major technology customers continue to test its long-term strategy. Upcoming earnings reports may provide more detail on margins, foundry performance and data center demand. Until Intel shows steady progress in those areas, the stock may remain sensitive to sector moves, earnings expectations and shifts in investor sentiment.