🟢 Intel is trading 4.19% up today after August CPI matched forecasts

Intel is trading 4.19% up at $104.52 after broad U.S. market gains followed August CPI data that matched forecasts.

• The move partially reverses Intel’s September 10 close of $100.32, which was down 5.57%.
• Piper Sandler initiated a Hold rating with a $110 target; earlier enthusiasm centered on reported October CPU price increases.
• No fresh company-specific catalyst clearly explains the September 11 move.