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Westpac Banking Corp Takes Position in Intel as Earnings Beat

Westpac Banking logoWestpac Banking
Sig1.25Sen+0.85Env0.00Soc0.00Gov0.00
Intel logoIntel
Sig2.56Sen+2.02Env0.00Soc0.00Gov0.00

Multiple investors increased positions in Intel, including Norges Bank and other large asset managers. Reports that SK Hynix was considering Intel Foundry for next-generation HBM4E base dies boosted sentiment. Intel also reported quarterly results of $0.42 EPS and $16.13B revenue, ahead of consensus expectations of $0.21 EPS and $14.43B.

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