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Summary
Intel (INTC) closed at $91.69 on October 20, 2026, down 0.37%, after trading as high as $93.73 earlier in the session.
GuruFocus tied the early gain to JPMorgan analyst Harlan Sur revising his view on the stock, and no company-specific cause was reported for the slip into the close.
Intel reports third-quarter results on October 29, 2026, with GuruFocus pointing to the 42% gross margin target as the hurdle.
Gotrade News - Intel (INTC) closed at $91.69 on Tuesday, October 20, 2026, down $0.34 or 0.37%, after giving back an early gain. The session's Intel stock news centered on JPMorgan, whose analyst Harlan Sur revised his view on the stock, a change GuruFocus tied to the shares' rise earlier in the day.
INTC Trading Data
Data
Value
Closing price
$91.69
Change
-$0.34 (-0.37%)
Previous close
$92.03
Open
$90.73
Day range
$88.77 to $93.73
Volume
83.0 million shares
30-day average volume
108.2 million shares
52-week range
$32.89 to $142.35
Market cap
$462.5 billion
Regular-session close on Tuesday, October 20, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Intel opened at $90.73, below the previous close of $92.03, then swung between a low of $88.77 and a high of $93.73. It finished $2.92 above the day's low but well short of the high. Volume came to 83.0 million shares, 23.25% below the average of 108.2 million shares.
The stock lagged a mixed market. The Nasdaq Composite slipped 0.02% to 26,424.82, the S&P 500 rose 0.28% to 7,712.57 and the Dow Jones Industrial Average gained 1.02% to 52,495.88, leaving Intel 0.35 percentage points behind the Nasdaq. Most chip names were softer: Nvidia (NVDA) fell 0.29%, AMD lost 0.62% and Micron (MU) dropped 0.98%, while TSMC rose 1.16%. The US 10-year Treasury yield eased 1.9 basis points to 5.12% in the same session.
At $91.69, Intel sits 35.59% below its 52-week high of $142.35 and 178.78% above its 52-week low of $32.89.
Why Intel Stock Fell
No report we reviewed named a company-specific cause for Intel's slip into the close, and the decline came on a day when several large chipmakers also ended lower. Earlier in the session, GuruFocus reported that JPMorgan's Harlan Sur had revised his view on Intel, and the publication linked that change to the stock's early rise.
As reported by GuruFocus, Intel filed a petition on October 16 asking the Federal Communications Commission for a waiver covering automated guided vehicles used in its chip manufacturing that could fall under an import ban. Intel argued that the equipment is highly specialized and that there are no domestic alternatives available today, adding that replacing the robots could take years.
Separately, per GuruFocus on October 20, internal testing found Nvidia's Vera processor nearly doubled performance on long-running AI agent tasks versus systems using Intel and AMD processors. Cloud startup Modal plans to integrate Vera, though Modal said it is not giving up on Intel or AMD.
INTC Stock Analysis: Supporting Factors and Risks
Supporting Factors
Data Center and AI revenue reached $6.3 billion in the second quarter, up 59% year over year, according to GuruFocus.
Second-quarter revenue rose 25.4% year over year to $16.13 billion, per 24/7 Wall St., which noted that memory is a cost for Intel, so cheaper DRAM from Chinese memory maker CXMT could lower PC and server costs.
Risks
Second-quarter non-GAAP gross margin was 41.8%, against a third-quarter target of 42%, and GuruFocus said the next report needs to show how demand, factory yields, product mix and costs translate into profit.
Management expects PC consumption to fall by a low double-digit percentage in 2026, hit by rising memory prices and constraints, according to 24/7 Wall St.
GuruFocus said Nvidia may start gaining market share in another significant portion of the data center stack if more AI-native clients adopt Modal. Xeon server CPUs are Intel's main growth engine, according to 24/7 Wall St.
GuruFocus said disruption to critical factory equipment, such as the robots in the FCC petition, could complicate Intel's manufacturing turnaround and foundry expansion.
Intel said it will report third-quarter financial results on Thursday, October 29, 2026, promptly after the close of market, with a conference call at 2 p.m. PDT, making that earnings report the next confirmed event for the stock.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
