Despite what has been a horrid year for the technology stock, Intel (INTC) is likely to get a $20 billion boost, according to some experts. Indeed, there has been ongoing concern regarding the company’s CHIPS Act status. However, analysts have shown optimism that they could be set to receive the benefits of the legislation. The…
In a massive Wall Street development, chipmaker Nvidia (NVDA) has officially booted Intel (INTC) from the Dow Jones Index after a 25-year run. Indeed, the chipmaker has surged more than 175% in 2024. That has culminated in it replacing the tech company that has struggled mightily to find its footing in an ever-changing market. The…
Intel (INTC) revealed very optimistic revenue projections on Thursday, causing stock shares to go up Friday morning. Its Q3 earnings report beat expectations on revenue but fell short on earnings per share due to impairment charges. Fortunately, the chipmaker jumped in stock on Friday thanks to the revised revenue predictions. For Q3, Intel saw a…
With the highly anticipated report due today, Intel (INTC) is projecting a net loss of more than $950 million. The company is set to announce the earnings after the bell Thursday, as it looks to avoid a continued drop that began with its underwhelming Q2 earnings announcement. The company has struggled to keep up with…
As the stock still attempts to rebound from underwhelming Q2 earnings data, Intel (INTC) is bracing for its steepest revenue drop in five quarters as it continues to struggle within the AI sector. Despite the booming market, the company has failed to capitalize on its position, with the chipmaker floundering. The company is set to…
Paul Otellini, the former CEO of Intel (INTC) reportedly wanted to buy Nvidia for as much as $20 billion two decades ago. However, the Tech pioneer company ended up not following through with the purchase, seemingly missing out on billions worth of investment. According to a New York Times report, Intel’s former chief executive wanted…
Although the tech sector has been booming because of AI demand, not all tech companies have benefited. Among them is Intel, with INTC falling as much as 54% over the last 5 years. Indeed, the firm has not been able to capture the growing market share dominated by companies like Nvidia (NVDA) and Microsoft (MSFT)….
With Intel underperforming over the last several months, can a positive Q3 earnings report help reverse INTC’s ongoing drop? Indeed, the tech company’s stock has struggled to rebound from an underwhelming Q2 earnings report that certainly spooked investors. Now, they hope a different outcome can help reverse course. The latest earnings report is scheduled to…
Amid what has been a down period for the tech company, Intel (INTC) is reportedly eyeing the sale of its Altera business at a $17 billion valuation. The move has given the company’s stock a slight boost, as it is looking to offload a minority stake in its programmable chipmaking sector. Since it unveiled is…
There is no denying that the recent performance of Intel (INTC) stock has been concerning. Since it debuted its Q2 earnings that underwhelmed investors, the technology company has falted. Tuesday, it started down another 2% at press time to reinforce investor concerns. The company’s Q3 earnings report is set to arrive on Halloween; there is…
Amid what has been a tough three years for Intel (INTC), the technology development and manufacturing firm, could be set to continue falling over the next 12 months. Indeed, 30 analysts have collectively published their ratings for the company. Altogether, it is predicting a slide even further for the company’s stock. The Q2 earnings report,…
With the stock falling notably in recent months, Intel (INTC) is eyeing a Halloween turnaround with a key financial report looming. The tech stock had seen its value falter since the Q2 revenue report fell below expectations. However, that could be poised to turn the corner in the coming weeks. The company has still been…
With a burgeoning tech sector, AI-related stocks have been all of the rage in recent weeks. Yet, that hype hasn’t benefitted everyone. Among those left behind is Intel (INTC), whose underwhelming Q2 earnings report has driven a 19% drop for the stock as its greatest competition has thrived. There was some concern as to how…