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Live Updates  >  Live Update Details

2026-02-21 04:27:44

Intel's stock price surged yesterday following news of Nvidia's $5 billion investment, but suffered a setback today. Citigroup downgraded its rating on the stock to "sell," warning that Intel's foundry business is struggling and Nvidia's investment cannot save it. Although the bank raised its target price for Intel to $29, given the current stock price of $30, it still maintains a "sell" rating.

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