Intel and AMD Shares Slump as Semiconductor Sell-off Intensifies

Key Facts

1Intel shares fell 3.84% and AMD shares declined around 3.77% during Thursday's trading session.

2Record quarterly results from Taiwan Semiconductor Manufacturing Co. failed to reverse the downward trend in the chip sector.

Intel shares fell 3.84% and AMD shares declined around 3.77% during Thursday's trading session on October 15, 2026. Invezz reported that record quarterly results from Taiwan Semiconductor Manufacturing Co. (TSMC) failed to reverse the downward trend in the chip sector as the sell-off intensified.

Intel (INTC) closed at $98.12 and AMD closed at $570.82 on October 14, 2026, prior to the deepening of the current decline. During the same period, TSM closed at $430 and peer Nvidia (NVDA) closed at $221.30 on October 14, 2026, as investor sentiment remains bearish on the semiconductor industry despite strong fundamental data from individual firms.