StocksMedium•14 October 2026•
1 min read
Intel and AMD Shares Decline as Semiconductor Sector Sell-off Deepens
Key Facts
1Intel and Advanced Micro Devices shares fell on Wednesday as the semiconductor sector extended its losing streak.
2Chip stocks are being weighed down by concerns over elevated valuations, rising financing costs, and Chinese competition.
Intel and Advanced Micro Devices shares fell on Wednesday as the semiconductor sector extended its losing streak. Invezz reported that chip stocks are being weighed down by concerns over elevated valuations, rising financing costs, and Chinese competition, despite positive earnings guidance from industry peer ASML.
INTC closed at $102.81 on October 13, 2026, while AMD closed at $605.53 on the same date. Within the broader technology context, NVDA closed at $228.52 and TSM closed at $445.12 on October 13, 2026.