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Intel's $16.95 Billion Trading Day Secures 30th Spot as Stock Rises for Second Day
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 7:52 pm ET1min read
On June 17, 2025,
(INTC) saw a trading volume of $16.95 billion, ranking 30th in the day's stock market activity. The stock rose by 0.22%, marking its second consecutive day of gains, with a total increase of 3.20% over the past two days.Intel Corporation is focusing on reducing its operating expenses to $17 billion by 2025, which is lower than the previously stated goal of $17.5 billion. This cost-cutting measure is part of the company's strategy to prepare for the AI era, where data center spending is shifting towards AI accelerators.
Intel's efforts to lower expenses come at a time when the PC market is recovering from the pandemic-era
, and the data center market is undergoing significant changes. The company is strategically shifting towards AI solutions and manufacturing leadership to capture new opportunities in the semiconductor industry.
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