Intraday weakness

The intraday weakness is contributed to INTC. According to Briefing.com, "hearing several things that could be contributing to Intel's sudden weakness intraday: 1) DELL earnings and once again rumors of AMD getting some business, 2) talk earlier that some money was going out of INTC and into KLAC, 3) bad trade... Note that INTC fell from $24.92 to $24.05 in the 2 min between 10:56 and 10:58 ET on a spike in volume". Once again, this activity shows traders are very nervous at the moment.