Intel Corporation (INTC)
| Market Cap | 211.85B |
| Revenue (ttm) | 52.86B |
| Net Income (ttm) | -1.64B |
| Shares Out | 4.22B |
| EPS (ttm) | -0.40 |
| PE Ratio | n/a |
| Forward PE | 28.35 |
| Dividend | $0.50 (1.00%) |
| Ex-Dividend Date | Nov 6, 2023 |
| Volume | 29,288,707 |
| Open | 50.30 |
| Previous Close | 50.39 |
| Day's Range | 49.77 - 50.57 |
| 52-Week Range | 24.73 - 51.28 |
| Beta | 0.95 |
| Analysts | Hold |
| Price Target | 37.30 (-25.77%) |
| Earnings Date | Jan 25, 2024 |
About INTC
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments. The company offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and accelerators, boards and systems, connectivity products, and memory and storage products. It also provides high-performance co... [Read more]
Financial Performance
In 2022, Intel's revenue was $63.05 billion, a decrease of -20.21% compared to the previous year's $79.02 billion. Earnings were $8.01 billion, a decrease of -59.66%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $37.3, which is a decrease of -25.77% from the latest price.
News
Intel's management is pointed in the right direction, says Bokeh's Kim Forrest
Kim Forrest, CIO at Bokeh Capital Partners, joins 'The Exchange' to discuss the 2024 outlook for tech, the trajectory of Intel's performance, and more.
If you buy the dogs, should you sell these Dow leaders?
The Dogs of the Dow is a popular strategy getting much attention now that the year-end is here. The theory assumes that this year's losers will be next year's winners, which is often true.
3 factors turning Intel stock into a major turnaround story
Intel (INTC) stock has shot up by over 14% in December alone, propelling the S&P 500's (^GSPC) monthly gains, and up nearly 90% overall year-to-date. Yahoo Finance Executive Editor Brian Sozzi highlig...
3 Charts For Investors to Watch Wednesday: Intel, Nio, XRT ETF
Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch.
Stock Market Today: S&P 500 Nears New High as Intel Stock Soars
With just a few trading sessions left in 2023, the S&P 500 is within a chip-shot of notching a new all-time high.
Intel's stock on pace for biggest daily percentage gain in two months, buoyed by Israel deal
Shares of Intel Corp. rose 4.7% Tuesday, lifted by the announcement of a $25 billion investment in Israel.
Midday Movers: Intel's Israel Deal, Bristol-Myers Squibb Buys RayzeBio
Christmas may be over, but the so-called “Santa Claus rally” continued for U.S. equities at midday in the shortened final trading week of 2023. The Dow, S&P 500, and Nasdaq were all in positive territ...
Israeli Government Gives Intel $3.2 Billion in Incentives to Build a Chip Plant
Intel (INTC) shares jumped Tuesday after Israel's government granted the semiconductor maker $3.2 billion in incentives for a $25 billion chip manufacturing plant.
Intel receives $3.2B from Israel for chip plant construction
Intel (INTC) is receiving $3.2 billion worth of incentives from the Israeli government, with the chipmaker planning to spend $25 billion to build a chip plant in the country. It's the latest effort by...
Israel grants Intel $3.2 billion for new $25 billion chip plant
JERUSALEM, Dec 26 (Reuters) - Israel's government agreed to give Intel (INTC.O) a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, ...
Intel's $25 billion investment in Israel ‘important and significant' says country's finance minister
Intel Corp. is making a $25 billion investment in Israel, the country's government said Tuesday, describing the move as “important and significant.”
Intel ups the ante in the AI chip arena against Nvidia
While the artificial intelligence (AI) computing market has been dominated by Nvidia Co. NASDAQ: NVDA, new challengers are invading their turf with their own AI accelerators. 2024 should prove to be e...
Intel Stock Rises on Report of Confirmed Investment in Israel
Intel confirmed it will invest $25 billion in Israel to expand its wafer fabrication site, says a report.
Intel's stock is on pace for its best quarter in 20 years
Intel Corp.'s INTC, +2.27% stock is up 31.5% during the quarter, which would be its best performance since the third quarter of 2003. For the year, shares of Intel have soared 77%, while the SPX 500 i...
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
2023 Layoff Tracker: Intel Cuts 235 Employees
Tech giant Intel announced plans this week to lay off roughly 235 employees in its fifth round of job cuts this year, making it the latest major U.S. company to reduce its head count, even as recessio...
Intel's stock sheds a bear as a key catalyst awaits
Intel Corp.'s bear camp got a little smaller Friday as a BofA Securities analyst ended his negative call on the stock.
Intel's new AI chips for the PC will be widely used, but may not be the most useful
Intel INTC, +1.37% has put the technology world on notice that it intends to provide the most complete solutions for AI computing products. It asserted this clearly and emphatically during the company...
The KAYTUS V2 Series Servers Support 5th Gen Intel® Xeon® Processors, Maximizing Performance at Server Unit Energy Consumption
SINGAPORE--(BUSINESS WIRE)--The KAYTUS V2 Series Servers Support 5th Gen Intel® Xeon® Processors, Maximizing Performance at Server Unit Energy Consumption.
NEXCOM Empowering Future Networks with 5th Gen Intel Xeon Processors
TAIPEI , Dec. 14, 2023 /PRNewswire/ -- NEXCOM, a leading supplier of network appliances, proudly unveils the NSA 7160R, the latest addition to its high-performance cybersecurity and networking product...
Intel has big plans for AI-capable PCs, but that may take time to catch on
Intel Corp. is creating an ecosystem to foster the development and use of artificial intelligence on PCs, just as it did for the early days of WiFi, but it will not happen overnight.
Intel Unveils Server, PC Chips in Bid to Join AI Craze
Intel Corp. has unveiled new chips for PCs and data centers in a bid to get a bigger slice of the booming market for artificial intelligence hardware. Nick Turner reports on Bloomberg Television.
Intel CEO discusses AI PC's, stock performance, chip manufacturing
Intel (INTC) hosted its "AI Everywhere" event on Thursday, showcasing a range of products and services which all include artificial intelligence. Included in the showcase was the Gaudi3, an artificial...