Stocks

Intel Slips 2.82% on Saturday but Holds Strong 30-Day Gains

INTC fell sharply in Friday's session yet remains up more than 9% over the past month, reflecting a mixed near-term picture for the chipmaker.

By Love Wallet · August 29, 2026

Intel Slips 2.82% on Saturday but Holds Strong 30-Day Gains
Price
$89.47
24h
-2.82%
1 week
-0.66%
1 month
+9.36%
Market cap
$486.8B

Intel Corporation shares closed at $89.47 on August 29, 2026, a decline of 2.82% over the prior 24 hours. The drop extended a modest weekly pullback, with the stock also down 0.66% over the past seven days.

Despite the recent softness, Intel's 30-day performance tells a different story. INTC has gained 9.36% over that stretch, suggesting the longer-term trend remains constructive even as short-term selling pressure emerged.

The company's market capitalization stood at $486.8 billion as of the close, keeping Intel among the largest companies by valuation in the semiconductor sector. The session's decline did not erase the substantial ground gained over the prior month.

Trading activity over the past week reflects some consolidation following the stronger monthly run, with the seven-day change of negative 0.66% indicating limited movement outside of Saturday's steeper pullback.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

Track Intel Corporation and your whole portfolio with Love Wallet.

Get started free