TradingKey – On July 24, Eastern Time, Intel ( INTC) saw its stock price fall over 5% intraday, breaking below the $100 round-number mark, after reporting its second-quarter 2026 financial results.

Although Intel’s results and guidance were significantly better than expected, and its after-hours stock price once surged by double digits, the market subsequently shifted its focus to the “substantial upward revision in capital expenditures.” Consequently, the stock’s gains narrowed significantly before turning negative.

According to the earnings report, Intel’s Q2 revenue reached $16.1 billion, up 25% year-over-year, marking its strongest single-quarter growth rate since 2011 and beating the market consensus of $14.4 billion by approximately…