Intel shares are trading lower as the stock's performance lags behind other large-cap semis, which have surged amid AI-related momentum.
Portfolio Pulse from Benzinga Newsdesk
Intel shares are underperforming compared to other large-cap semiconductor stocks, which have experienced a surge due to AI-related momentum.
June 09, 2023 | 2:56 pm
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Intel's stock is underperforming compared to its peers in the large-cap semiconductor sector, which are benefiting from AI-related growth.
The article states that Intel shares are trading lower as they underperform compared to other large-cap semiconductor stocks, which have surged due to AI-related momentum. This indicates a negative short-term impact on Intel's stock price.
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