Goldman Sachs Initiates Neutral Intel Rating; INTC Falls 6.6% to $127 on Apple Foundry Concerns

According to BlockBeats citing Hyperinsight data, Goldman Sachs initiated coverage of Intel on June 26 with a neutral rating. The bank cited Intel's forward price-to-earnings ratio exceeding 133x and market concerns over Apple's foundry production timelines requiring 2-3 additional years. INTC declined 6.6% to $127 amid PCE momentum and AI sector profit-taking.

On Hyperliquid, on-chain data shows long positions averaged $108.62, while short positions averaged $125.06—now underwater after the price decline, with most shorts turned profitable. The nearest long liquidation level sits at $106.63, approximately 17.3% below current price.