Dow Jones News: Intel Product Reveals Fail to Impress; Boeing Rises on Buffett Rumor
Tuesday was a volatile day for stocks, with Middle East tensions weighing on the market. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.39% at 12 p.m. EST.
Shares of Intel (NASDAQ: INTC) were down sharply after the chip company's latest product reveals failed to win over investors. Meanwhile Boeing (NYSE: BA) stock jumped as rumors that Warren Buffett was building a stake emerged.
Chip giant Intel is facing stiff competition from rival Advanced Micro Devices (NASDAQ: AMD). Through a combination of solid products from AMD and chronic delays of Intel's 10-nanometer manufacturing process, the CPU market is once again a two-horse race.
Source Fool.com
