NEW YORK — Shares of Intel fell Thursday, extending losses after an explosion at one of its manufacturing facilities in Israel and a broader decline in semiconductor stocks tied to inflation concerns.

Intel traded near $94 in midday trading, down about 4 percent, after closing Wednesday at $98.12, a drop of 4.6 percent. The stock has retreated from recent highs as investors reassess growth expectations across the chip industry.

Reports of an explosion at Intel's Kiryat Gat plant in Israel, one of the company's major........

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