00:00Intel slid 5.28% today, amid technology sell-off.
00:05Intel declined 5.3% today, reporting attributed the pressure to the broader technology sell-off
00:12as treasury yields and oil prices rose.
00:16Yahoo also cited uncertainty surrounding Intel's role in Elon Musk's TerraFab project,
00:22while Benzinga reported that Chief Executive Litboo, Tan, said the partnership remained active.
00:28That puts Intel's move at the intersection of a sector-wide retreat and company-specific uncertainty.
00:36It matters because Intel underperformed an already weak technology sector, which fell 1.79%.
00:44More on yield-driven chip sell-off, full recap linked.
