---
title: "Why Is Intel Stock Falling on Monday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296818927.md"
description: "Intel Corp. (NASDAQ: INTC) stock fell on August 24, 2026, driven by a sector-wide semiconductor sell-off and pressure from its $20 billion secondary offering. Shares traded below the $95 offering price, with investors trimming exposure amid supply overhang concerns. Despite CEO Lip-Bu Tan's purchase signaling confidence, Bank of America lowered its price target to $145 due to expected earnings dilution. Intel shares dropped 3.28% to $87.11, trading below key moving averages."
datetime: "2026-08-24T17:52:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296818927.md)
  - [en](https://longbridge.com/en/news/296818927.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296818927.md)
generator: "portal-rs"
---

# Why Is Intel Stock Falling on Monday?

**Intel Corp.** (NASDAQ:INTC) stock fell on Monday, as an ongoing supply overhang from its $20 billion secondary stock offering and a sector-wide semiconductor decline weighed on shares.

Investors trimmed exposure as the stock traded below its recent offering price.

The Nasdaq is down 0.75% while the S&P 500 has shed 0.20%, and Technology is also in the red with a 1.5% loss.

Zooming out, the sector has gained 3.59% over the past 30 days but is down 2.47% over the past 90 days, which fits a “choppy recovery” backdrop rather than a clean uptrend.

 **Read Also: Trump Threatens 50% Canada Auto Tariff: Steelmakers Rally While Detroit Stocks Fall** 

With Consumer Staples (XLP) up 1.41% and Communication Services (XLC) up 1.25% leading today, the market’s leadership is rotating away from pure tech beta—often a headwind for higher-volatility chip names.

## **Equity Raise Details**

According to SEC filings, Intel priced 210,526,315 shares at $95 per share. CEO **Lip-Bu Tan** and a family member purchased $12 million in stock, which **Futurum Group** CEO **Daniel Newman** posted on X as “a strong sign of confidence in Intel’s future.”

On Aug. 12, **Bank of America** analyst **Vivek Arya** reiterated a Buy rating on Intel but lowered the price forecast from $160 to $145, pointing to 4% to 5% earnings per share dilution from the offering.

Bank of America projects Intel Foundry revenue will reach nearly $40 billion by 2030, supported by server CPU sales that could expand to $45 billion by 2030.

## Key Support and Moving Averages Intel Must Reclaim

From a longer-term trend view, Intel is still up sharply over the past 12 months, but the intermediate trend has cooled after the stock put in a swing high in June and a swing low in July. Price also broke below support in July, and it’s now trading 8.4% below the 20-day SMA and 18.7% below the 50-day SMA—signs that the recent bounce attempts haven’t reclaimed key trend levels.

**INTC Price Action:** Intel shares were down 3.28% at $87.11 at the time of publication on Monday, according to Benzinga Pro data.

 **Read Also: Bitcoin's 7-Sigma Move Signals a Big ‘Macro Transition’** 

*Image via Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**