Why Is Intel Corp (INTC) Stock Price Down 7.89% Today, July 24? Foundry Cash Burn Overshadows Q2 Beat
Intel shares fell ~8% despite a Q2 revenue and adjusted EPS beat as investors repriced the turnaround around Intel Foundry's capital intensity. A large GAAP loss and deeply negative adjusted free cash flow underscored ongoing cash burn and execution risk, while broader semiconductor de-risking amplified selling. Near-term focus shifts to evidence of narrowing foundry losses, improved cash conversion, and sector breadth stabilization.
AI Insight · NCSKINTC2USD/USDTAI Insight
▼ Bearish
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Intel Corp (INTC) fell 7.89% to $92.32 on July 24, 2026 as investors weighed a $2.16 GAAP loss and negative adjusted free cash flow against a strong second-quarter revenue beat. Read the daily analysis of Intel's foundry turnaround outlook, momentum risk and key technical levels.