🔴 INTC is trading 3.2% down today amid broader market declines and US-Iran tensions

INTC is trading at $96.44 (-3.19%) amid broader market declines and rising geopolitical tensions stemming from the US-Iran conflict.

• Intel announced the hiring of former Qualcomm executive Alex Katouzian as EVP and GM of the new Client Computing & Physical AI Group.
• Pushkar Ranade has been named as the company's permanent CTO.
• The decline aligns with broader market sentiment, with the S&P 500 down 0.50% and the NASDAQ down 0.45%.