Intel (INTC) down 4.4%, facing challenges in semiconductor industry

From Nasdaq: 2025-03-19 10:16:42

, down 4.4%. Intel continues to face challenges in the semiconductor industry, with year to date losses reaching 22.3%.

In other news, Amazon announced plans to open a new fulfillment center in North Carolina, creating over 500 new jobs in the area. The facility is expected to be operational by the end of the year.

Meanwhile, Apple reported higher than expected revenue for the quarter, driven by strong iPhone sales. The tech giant also announced plans to invest $430 billion in the US over the next five years, creating 20,000 new jobs.

Lastly, Facebook faced backlash over its handling of misinformation on the platform, with critics calling for stronger action against false information. The social media company’s stock dropped 3.2% in response to the controversy.



Read more at Nasdaq: S&P 500 Movers: INTC, BA