Intel shares rose more than 1% Tuesday after falling 5.6% in the previous session, outperforming a broadly weaker market. The Nasdaq fell 0.54%, the S&P 500 lost 0.51%, and the Technology Select Sector SPDR Fund declined 0.12%. Monday’s selloff followed calls from leaders at Anthropic and OpenAI to slow advanced AI development over safety concerns, raising worries about potential effects on demand for chips and data-center hardware. Technical indicators were mixed: Intel traded above its 20-day simple moving average (average closing price over 20 sessions) of $94.08 and its 50-day SMA of $97.41, but remained 7.2% below its 100-day SMA of $105.96. Its relative strength index, a momentum gauge, was 50.71, while the 20-day average remained below the 50-day average and the 50-day average stayed above the 200-day average. Resistance was near $107.50 and support near $85. Intel had a Hold consensus rating and an average price forecast of $111.74. Benzinga Edge gave the stock a bullish Momentum score of 98.91, though traders were watching whether it could clear resistance and reclaim its 100-day average. Intel’s ETF weightings include 5.53% in SOXX, 5.86% in XNTK and 6.50% in FEPI. Benzinga Pro data showed the shares up 1.37% at $98.52 at publication.