CIBC Private Wealth Group LLC Sells 163,941 Shares of Intel Corporation $INTC

NodeGuardian · 2026-03-22T10:52:12+00:00

CIBC Private Wealth Group LLC cut its Intel stake by 32.5%, selling nearly 164,000 shares. Despite mixed analyst views, Intel exceeded earnings expectations and is focused on AI with its Xeon 6 processors, amid ongoing margin and competition concerns.

NodeGuardian

2026-03-22 10:52:12

Abstract generation in progress

CIBC Private Wealth Group LLC reduced its stake in Intel Corporation by 32.5% in the third quarter, selling 163,941 shares. Despite mixed analyst ratings and a consensus “Reduce” recommendation, Intel recently surpassed quarterly earnings and revenue estimates. The company is actively pursuing AI-related design wins with its Xeon 6 processors, though concerns about margins and competition persist.

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