Stock Market Today, Sept. 1: Intel Falls on Chip Stock Pressure

Intel closed down 0.60% at $88.97 on September 1, 2026, as higher Treasury yields and inflation concerns pressured semiconductor stocks broadly. The decline was driven by macro factors rather than company-specific issues, with peers like AMD and Qualcomm also falling. Intel's recent $20 billion equity offering and progress in reducing foundry business losses provide some optimism, though near-term volatility is expected as investors assess whether Intel can maintain its position in the AI market.