Fringe intensity refers to the varying brightness of light and dark bands that appear in a diffraction pattern when coherent light passes through a narrow slit. This phenomenon occurs due to the interference of light waves, where constructive interference leads to bright fringes and destructive interference creates dark fringes. The distribution of fringe intensity is dependent on factors like the wavelength of light, the width of the slit, and the distance from the slit to the screen where the pattern is observed.