Intel’s stock leads Dow decliners for second straight day, as cost-savings goals could stretch out further

An earlier version of this article misidentified the owner of “Chip,” the dog exhibited in Bernstein analyst Stacy Rasgon’s Intel note, and whose barking briefly disrupted a webcast with analysts on Tuesday. Chip is Rasgon’s dog, not Intel CFO David Zinsner’s.

Intel Corp.’s stock on Wednesday was the Dow’s worst-performing stock for a second consecutive trading session, after the company’s new artificial-intelligence chips unveiled on Tuesday were upstaged by management’s tempered expectations…