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