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Intel's stock price fell 35.4% last month due to a broad sell-off in chip stocks and investor concerns about its excessive capital expenditures.
Intel's stock price fell sharply in July, mainly due to a general sell-off in chip stocks and investor concerns about its excessive capital expenditure (capex). The company stated during its second-quarter earnings call that capex would exceed $20 billion this year, and that spending in 2027 would be "significantly higher than 2026 levels."
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