Intel Down 4.6% After Touching Low

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Intel

(INTC) - Get Report

was down 4.6% in early afternoon after touching a 52-week low of $32.50. Several analysts reportedly have questioned whether the chip giant will meet its estimates in the face of falling demand for PCs. The

Philadelphia Stock Exchange Semiconductor Index

(SOX)

was up 0.8% after an up-and-down morning.