Intel Corp. shares led the Dow lower Tuesday as concerns over data-center inventory overshadowed announcements of new PC chips with artificial-intelligence capabilities in time for the holidays.
Intel shares INTC, which had been down about 1% when Chief Executive Pat Gelsinger started his keynote at Intel’s Innovation 2023 developer conference, started to slide as the session progressed, finishing down 4.3% at $36.34, to become the Dow Jones Industrial Average’s DJIA worst-performing stock on Tuesday. Intel shares rose 0.5%…
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