Intel Stock Price Today: Shares Slip as Proxy Filing Shows U.S. 8.4% Stake
Intel shares fell 0.8% to $43.66 Tuesday after a proxy filing revealed the U.S. government owns 8.4% of the company and Chair Frank Yeary will retire in May, with Craig Barratt set to replace him. The filing highlighted ongoing manufacturing struggles and federal involvement in Intel’s turnaround. Broader chip stocks were mixed, with Nvidia down 0.4% and AMD flat.