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Private Advisory Group LLC Makes New $12.65 Million Investment in Intel Corporation $INTC
Private Advisory Group LLC has made a new $12.65 million investment in Intel Corporation, purchasing 377,030 shares, making it their 26th-largest holding. The investment comes amidst mixed market sentiment for Intel, driven by factors such as NVIDIA’s partnership and Intel’s India expansion, contrasted with concerns about high turnaround spending and stiff competition. Intel recently exceeded quarterly EPS estimates but faces a negative net margin and a “Reduce” consensus rating from analysts.