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Intel Corp.’s stock on Wednesday was on track to become the Dow’s worst-performing stock for a second consecutive trading session after the company’s new artificial-intelligence chips were upstaged by management’s tempered expectations for margin improvement.
Intel’s stock was off 1.8% in Wednesday’s session after sustaining a 4.3% drop Tuesday, when Intel unveiled its next generation of AI hardware on the opening day of its developer conference. Intel’s stock last logged two consecutive sessions as the weakest performer…
