Wall Street’s massive bet on Intel is now at the mercy of its engineers

Before the market started on Tuesday, Intel shares fell 6.6% in trade, retreating from the previous session’s record high of $141.45. Technology equities were hammered by a broader sell-off as speculators cashed in their gains. Despite the decline, Intel has increased by almost 500% in the last 12 months. As investors withdrew from high-risk tech...