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Intel: The Worst Is Over
Seeking Alpha· 2024-11-04 07:51
Intel's (NASDAQ: INTC ) shares surged 8% after the chipmaker submitted its earnings scorecard for the third fiscal quarter on October 31, 2024. Intel missed EPS estimates due to a painful restructuring that was announced in the previous quarter. Intel reported a loss of $16.6B inAnalyst’s Disclosure: I/we have a beneficial long position in the shares of INTC, NVDA, AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not recei ...
Intel Q3: There's Still Upside Left
Seeking Alpha· 2024-11-03 18:02
Intel (NASDAQ: INTC ) has been one of the most prominent topics in the media regarding the semiconductor space for quite some time now. Naturally, not without a good reason, as the Company's stock price has lost ~60% during the last five years, especially inWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. ...
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
TechXplore· 2024-11-02 20:24
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The logo of semiconductor chip maker Intel is pictured at the Paris games week in Paris, Nov. 4, 2017. Credit: AP Photo/Christophe Ena, File Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips tha ...
Intel: Q3 Marks The Turning Point, Buy (Rating Upgrade)
Seeking Alpha· 2024-11-02 13:19
Intel (NASDAQ: INTC ) shares are up after a decent earnings report gave investors an update on the transformation of the American semiconductor giant. Revenues of $13.28b, while down 6.2% from this quarter last year, beat analyst estimates by $240m. The company hadAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. ...
Nvidia replaces Intel in the Dow Jones — What changes for investors
Finbold· 2024-11-02 12:11
Nvidia (NASDAQ: NVDA) is set to officially join the 30-member Dow Jones Industrial Average (DJIA) on Friday, November 8, replacing Intel (NASDAQ: INTC), which has held its spot in the index since 1999. This shift, announced by S&P Dow Jones Indices after the market closed on November 1, reflects a move to align the DJIA more closely with the evolving semiconductor industry, particularly the rising prominence of artificial intelligence (AI).For Nvidia investors, this inclusion holds substantial implications, ...
Nvidia's edge over Intel just got more extreme. Here's what it means.
Business Insider· 2024-11-02 00:07
Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday.Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans.Business Insider's Emma Cosgrove explains why the move matters for the broader AI ecosystem. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access yo ...
Nvidia To Take Intel's Place in the Dow Jones Industrial Average
Investopedia· 2024-11-01 23:05
Key TakeawaysArtificial intelligence darling Nvidia and paint maker Sherwin-Williams are set to join the Dow Jones Industrial Average, replacing Intel and chemical giant Dow.The changes will take effect prior to the start of trading next Friday, Nov. 8, according to S&P Dow Jones Indices.Nvidia and Sherwin-Williams shares climbed in extended trading Friday following the news, while Dow and Intel shares edged lower. Artificial intelligence darling Nvidia (NVDA) is set to join the Dow Jones Industrial Averag ...
Nvidia to edge out Intel on Dow Jones Industrial Average
Business Insider· 2024-11-01 22:30
Nvidia is joining the Dow Jones Industrial Average, the S&P Dow Jones Indices said on Friday, replacing its rival Intel, which held the position for 25 years.Advertisement The news follows a series of setbacks for Intel, the storied, nearly six-decade-old chipmaker. As Nvidia's stock market value surpassed $3 trillion this year, Intel shares fell by more than half in 2024.Nvidia shares were up 3% in after-market trading. This story is developing. Check back for more information. ...
Intel Q3: Another 2 18A Wafer Design Wins; Time To Buy (Rating Upgrade)
Seeking Alpha· 2024-11-01 19:59
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
Intel's AI struggles and rising costs keep recovery outlook at bay, says Bank of America
Proactiveinvestors NA· 2024-11-01 18:02
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...