Why Intel Stock Pulled Back Today

Shares of Intel (NASDAQ: INTC) were sliding today after the U.S. revoked the company's license to sell chips to Huawei, the latest escalation in the ongoing tech cold war between the U.S. and China.

As of 12:48 p.m. ET on Wednesday, Intel stock was down 2.9% on the news.

Image source: Getty Images.

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Source Fool.com