Intel Slides 3% as Chip Stocks Sell Off With Yields and Oil Higher; NVIDIA and AMD Slip
Rising Treasury yields and surging oil prices are hammering chip stocks, but Intel is falling harder than NVIDIA and AMD combined, and a looming question about its role in Elon Musk's Terafab project may be making things worse.
Rising Treasury yields and surging oil prices are hammering chip stocks, but Intel is falling harder than NVIDIA and AMD combined, and a looming question about its role in Elon Musk's Terafab project may be making things worse.
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