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Why Intel Fell 10.1% in April

TheMotleyFool

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Why Intel Fell 10.1% in AprilPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

Shares of Intel (NASDAQ: INTC) fell 10.1% in April, according to data provided by S&P Global Market Intelligence. The processor giant cooled off mightily after a large run-up earlier in the year, which came after the recent appointment of new CEO Pat Gelsinger.

Yet after the first earnings release under Gelsinger last month, the post-appointment optimism met the messier reality of Intel's current situation.

Image source: Getty Images.

Source Fool.com

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