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MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

New Catalysts Build Positive Pressure on Intel Stock

After the start of a rally in August that captured significant investor attention, shares of Intel Corporation (NASDAQ: INTC) have entered a period of consolidation, establishing a new and higher base in the $25 to $26 range. This sideways trading, however, follows a period of positive fundamental development.

While the stock chart has been relatively quiet, the company has executed on a series of distinct and powerful new catalysts that have fundamentally strengthened its investment case.

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