Intel slips as HSBC downgrades on 'unsustainable' re-rating (INTC:NASDAQ)

Intel (NASDAQ:INTC) shares slipped fractionally in premarket trading on Wednesday as HSBC downgraded the semiconductor company, citing an “unsustainable” re-rating in its shares. “Intel has recently announced three deals, driving a substantial re-rating of the stock: SoftBank investing $2B; the U.S. ...