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TCI Wealth Advisors trims Intel stake; Intel’s $20B equity raise and EPS beat

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Sig4.10Sen+3.60Env0.00Soc0.00Gov0.00

TCI Wealth Advisors cut its Intel holding to 13,946 shares after selling 5,314 during the quarter, a 27.6% reduction. Sivia Capital Partners and NewEdge Advisors increased positions. Intel’s equity raise of about $20 billion was flagged as funding for expanded foundry capacity, and the company reported quarterly EPS of $0.42 and revenue of $16.13 billion, both above analysts’ estimates.

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