Intel shares are trading lower amid Apple's WWDC event, which showcased new Mac models and compared the M2 ultra chips against Intel's.
Portfolio Pulse from Benzinga Newsdesk
Intel shares are trading lower as Apple showcased new Mac models at its WWDC event, comparing the M2 ultra chips against Intel's.

June 05, 2023 | 5:21 pm
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Intel shares are trading lower due to Apple's comparison of M2 ultra chips against Intel's at the WWDC event.
Intel shares are trading lower as Apple showcased its new Mac models at the WWDC event, comparing the performance of its M2 ultra chips against Intel's. This comparison may lead investors to believe that Apple's chips are superior, causing a negative impact on Intel's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100