CIBC Asset Management boosts Intel stake 26.1% with $56.5M Q3 purchase

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CIBC Asset Management increased its Intel holdings by 26.1% to 1,682,569 shares after buying 348,171 shares in Q3, valuing the stake at $56.45 million. Over 64.5% of Intel shares are held by institutions, as aggregate stakes see both additions and reductions across multiple funds.

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