New York, Feb 1, 2026, 15:17 EST — The market has closed.

Intel’s stock dipped 4.4% on Friday, ending the day at $46.47 after fluctuating between $45.97 and $49.56. Trading volume hit roughly 114.9 million shares.

The decline unfolded amid a downtrend in U.S. stocks, with the Nasdaq dropping 0.94% and the S&P 500 retreating 0.43%. Investors digested the news that Kevin Warsh is Donald Trump’s choice to lead the Federal Reserve once Jerome Powell’s term ends in May. Angelo Kourkafas of Edward Jones noted, “There’s a combination of investor concerns around the Fed chair announcement, mixed tech earnings and lingering inflation pressure.” (Reuters)

With markets closed over the weekend, chip stocks will look…