Intel Stock (NASDAQ: INTC) Slips as Apple Hardware Now Considered “Vintage”

Intel stock chart with Apple products in the background

Intel Corp, one of the leading manufacturers of semiconductors, is having a mixed moment in the market, with its stocks heading downwards. The news of Apple’s hardware being considered vintage has hit Intel investors, sending the shares down modestly in Wednesday’s afternoon trading session.

What is the Current Position of Intel’s Stock?

As of today, Intel(INTC) shares are valued at $36.83. The company’s market cap stands at 176.06B, with a P/E ratio of 3518.87. On the first day of 2026, Intel stock traded between a low of $36.82 and a high of $38.01. Shares are currently priced at $36.83, which is -3.1% below the high. The shares are trading with a volume of 51.52 M and a daily average of 59.29 M. In 2025, Intel shares hit an all-year high of $44.02 and an all-year low of $17.67.

Why Is Intel’s Stocks Showing a Downward Trend?

After Apple Inc. declared that its devices, like the MacBook Air, Apple Watch Series 5 and the iPhone 11 Pro, as vintage, where the Intel chips are used, Intel’s shares experienced a modest dip in the mid-day trading session, pointing towards the fading role of the company’s once-crucial product lines. 

Apple’s official declaration has impacted the repair eligibility of the products and will not be sold out anymore. This move has also impacted Intel Corp., as the vintage title of MacBook Air, which features Intel Core, marks the end of an era of Apple’s long-term history with Intel, changing the overall tech sector. 

Market Reaction to the Vintage Announcement of Apple

This move from Apple’s side has heavily influenced the market performance of Intel, resulting in a mild fall in its shares. Though not a drastic slip, traders noticed the investor sensitivity to the subtle hint at Intel’s diminishing role in certain product segments.

While Apple’s move to add some of its products to the vintage list is more about the company’s repair policies than the future updates or software support, the market viewed this as a representation of the end of an era for the tech giant, Intel. 

Impact on Intel’s Ohio One

Intel Corp. announced a $20 billion Ohio One Chip plant two years ago, and has planned to open it in 2031. However, the current scenarios have the investors questioning if the project has been shut down altogether, due to the opening date already being delayed twice. 

Moreover, six of the project leaders left the project altogether. But according to Intel’s website, they have listed the job postings and have already filled some of the positions, showing that the company hasn’t given up on the project completely, despite all the delays. 

Broader Market Outlook 

While Intel’s stocks have been showing a mixed performance, with the shares rallying in early 2025, the company is still facing competitive pressures from its competitors like AMD and NVIDIA, in both chip design and fabrication markets. 

Some market analysts are of the belief that Apple’s transition to its proprietary silicon will continue to pose a challenge for legacy companies like Intel. 

Are Intel Shares Worth Buying, Holding, or Selling?

Looking at Wall Street, analysts believe holding the shares is the best option for now, with a hold consensus rating on INTC stock based on five buys, 19 holds, and 6 sells in the past three months. 

The overall performance of the share, with an 84.47% rally in its price over the past year, and the average INTC price target set at $38.54 per share, implies that the stock has an upside potential of 4.09%.

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