Intel stock news

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 intel stock news the current quarter, but that overall sales would take a hit because of weakness in subsidiaries including Mobileye and its plz bern 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 intel stock news, according to Gartner, a market research firmeven though its market cap puts it below Nvidia and AMD on Wall Street. Cloud providers and large tech companies, the big spenders, intel stock news, have been focused on the AI boom, which explains Nvidia's recent outperformance.

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Intel stock news

The company is now worth hundreds of billions. Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Home Stocks Intel-stock. Intel Corp. Stock , INTC Start Trading Add to watchlist. New: Online Broker Comparison! Learn more about the best online brokers in our new comparison!

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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. Unlock our analysis with Morningstar Investor. Start Free Trial.

Key events shows relevant news articles on days with large price movements. Apple Inc. AAPL 1. AMZN 0. Walmart Inc. WMT 0. Mobileye Global Inc. MBLY 2. NVDA 5.

Intel stock news

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. The Friday boost was largely due to strong demand for PCs and management's ability to stay on course for a number of initiatives it had previously laid out for the company. Intel's premarket run also comes after shares fell earlier in the week in the wake of reports that Nvidia , which dominates artificial intelligence chips, plans to expand into PC chips via a partnership with Arm. Goldman Sachs analysts acknowledged that their expectations for Intel had been too cautious but added that they are concerned about Intel's future transformation and foundry business, which is the company's relatively new chip-manufacturing business. They also noted concerns over the company's data center wallet share. Morgan Stanley analysts expressed similar concerns.

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Most Visited Websites. Intel Corp. My Watchlist. Enterprise Solutions. Standard Deviation 0. Stock Style Box Large Value. Economic Indicators. Dividend Stocks. Intel released its earnings results on Jan 25, There are 4.

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.

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