intel stock news

Intel stock news

Intel is one of the largest semiconductor companies in intel stock news world and holds the lion's share of the PC and server processor markets. Intel encountered significant manufacturing delays in years past, and there is no guarantee that it can execute well in its aggressive aspirations to develop five process nodes in four years.

The company is now worth hundreds of billions. Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider".

Intel stock news

Top Analyst Stocks Popular. Bitcoin Popular. Gold New. Unusual Options Activity Popular. Research Tools. Economic Indicators. Inflation Rate Unemployment Rate. About Us. Working with TipRanks. Follow Us. My Portfolio. My Watchlist. Earnings Calendar. Stock Screener.

Dividend Yield Trailing 1. Intel issued an outlook for the first quarter of that lagged analyst estimates.

The company projects a fiscal first-quarter net loss of 25 cents per share on a GAAP basis. Intel CEO Pat Gelsinger said on a call with analysts that the core businesses — PC and server chips — would be at the low end of the company's seasonal range in the current quarter, but that overall sales would take a hit because of weakness in subsidiaries including Mobileye and its programmable chip unit, as well as revenue decreases from other businesses the company has spun off or sold. The company is the largest semiconductor maker by revenue, according to Gartner, a market research firm , even though its market cap puts it below Nvidia and AMD on Wall Street. Cloud providers and large tech companies, the big spenders, have been focused on the AI boom, which explains Nvidia's recent outperformance. In the past, the most important part in a server was the central processor made by Intel. Intel also continues to focus on a five-year plan implemented by Gelsinger, who took over the chipmaker in Intel wants to catch up to Taiwan Semiconductor Manufacturing Co.

Intel is one of the largest semiconductor companies in the world and holds the lion's share of the PC and server processor markets. Intel encountered significant manufacturing delays in years past, and there is no guarantee that it can execute well in its aggressive aspirations to develop five process nodes in four years. Morningstar brands and products. Investing Ideas. As of Mar 8, pm Delayed Price Closed. Unlock our analysis with Morningstar Investor. Start Free Trial.

Intel stock news

Intel INTC reported its third-quarter earnings after the bell on Thursday, which beat analysts' expectations on the top and bottom lines and provided Q4 guidance implying revenue growth for the first time since Intel, like its fellow chipmakers, is looking to capitalize on a rebound in a PC market that's been hamstrung by declining sales over the last two years. Add to that inflationary pressures and high interest rates, and PC sales plummeted. According to research firm Gartner , PC shipments declined a stunning But it looks as though things are turning around. Gartner analyst Mikako Kitagawa anticipates that the PC market will return to growth in the fourth quarter, which would be a boon for Intel.

Fedex express drop off near me

Top Analyst Stocks Popular. Dollar Cost Averaging New. Stock Buybacks. Intel Analyst Data Total Analysts: Standard Deviation 0. Options Profit Calculator. Bears Intel encountered significant manufacturing delays in years past, and there is no guarantee that it can execute well in its aggressive aspirations to develop five process nodes in four years. Become an Affiliate. Skip Navigation. Intel Stock Snapshot Seeking Alpha 1d.

Intel stock closed up 9. On Thursday, the chipmaker reported earnings per share of 41 cents, adjusted, versus the LSEG estimate of 22 cents. It marked Intel's seventh consecutive quarter of declining sales.

EPS Estimate. Top Individual Investors. Average Volume 3M Holthaus Michelle Johnston. Which hedge fund is a major shareholder of Intel? Intel Profile Intel Corp. Make informed decisions based on Top Analysts' activity. Historical Prices for Intel Feb. Gelsinger said that demand for PC chips had "normalized," and that sales were strong in the gaming and commercial sectors. Forecast 1Y Price Target. Follow 28, Followers. Research Tools. Sponsor Center. Stock , INTC The Mobileye segment develops driving assistance and self-driving solutions.

3 thoughts on “Intel stock news

Leave a Reply

Your email address will not be published. Required fields are marked *