On August 5, Intel declined 3.03% overnight, trading at $97.82/share, with turnover of $17.05 million.

The pullback followed a massive intraday rally of over 10%, driven by reports that Intel's EMIB-T advanced packaging technology achieved yield rates approaching 90% and MediaTek's confirmation of adopting the technology for its ASIC projects. With substantial short-term gains accumulated, after-hours selling reflected technical profit-taking.

Adding to the downward pressure, Daiwa Securities cut Intel's price target from $100 to $96 while maintaining a neutral rating, placing the new target below the current stock price. In the options market, a $6.84 million bearish call spread emerged, constructing a 140/170 call structure that signals institutional skepticism toward significant upside beyond $140 in the medium term. Peer AMD fell 8.02% after hours, indicating broader semiconductor sector weakness.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)