Intel shares fell 8.1% on Thursday, October 22, as higher oil prices and concerns about AI spending weighed on chip stocks. Brent crude topped $112 a barrel after attacks in Saudi Arabia, reinforcing worries that inflation and borrowing costs will stay high for longer. U.S. Treasury yields fell on Thursday, largely due to political unrest in Europe, but remain well above pre-war levels. Meta Platforms posted negative free cash flow for the first time since 2012 and approved a non-voting stock class to raise capital without diluting CEO Mark Zuckerberg's voting control, a move seen as a sign that financing costs are making borrowing less attractive.
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/22/2026 | 212.21 |
| Change that session | -4.40% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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