Intel Falls More Than 25% as Hyperliquid Short Reaches $7.81 Million

Intel (INTC) shares fell more than 25% in U.S. premarket trading Friday as a leveraged trader expanded a Hyperliquid short position in the stock to about $7.81 million. The position was Hyperliquid’s second-largest INTC short. The trader added roughly $1.93 million, and the position showed about $1.68 million in unrealized profit. Its liquidation price was $84.33. The trader opened the short Sept. 4 at $93.08 and increased it several times afterward. The position used 10x leverage. Intel’s decline came during a broader Friday premarket slide in U.S. chip and crypto-linked stocks .