#intel Tech News.
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Nvidia, Intel, Marvell, and other AI stocks fell on Friday due to a strong jobs report that sparked fears of interest rate hikes. The report showed U.S. nonfarm payrolls rose to 172,000, exceeding the consensus estimate of 80,000. This makes it harder for the Federal Reserve to justify rate cuts, which can stoke inflation and overheat the economy. AI stocks are sensitive to interest rate movements, with investors discounting future profits at a higher rate when rates rise.
Intel stock has increased by 453% in the past 12 months following government support and interest from tech companies. The U.S. government invested $8.9 billion in Intel's domestic semiconductor supply chain. Intel Foundry has attracted high-profile clients, including Amazon and Apple, for chip packaging services. Intel Foundry posted a $2.4 billion operating loss in the first quarter of 2026, but must continue to grow to be a positive contributor to Intel's business.
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