wellesenterprises Investment thesis Disappointing profitability results that were below both Intel (NASDAQ:INTC, NEOE:INTC:CA) management's and analysts' expectations, the announcement of a workforce reduction of more than 15% by the end of 2025, the suspension of dividend payments at the beginning of the fourth quarter of 2024, and lower-than-market guidance combined to cause Intel's stock price to drop more than 18% in after-hours trading following the release of the company's earnings report for the ...

Intel Corporation (INTC) recently inked a partnership with TrueBusiness, a provider of communications and digital solutions in Thailand, to introduce smart healthcare solutions in the South East nation. This includes the transformation of various aspects of the medical field, including treatment, diagnosis, rehabilitation and patient data management.INTC Enhances Healthcare Facilities With AI CapabilitiesPer the collaboration, TrueBusiness will integrate its 5G capabilities with Intel's advanced AI technolo ...

Intel is in a cash crunch and could sell pieces of its business to raise capital.Fool.com contributor Parkev Tatevosian evaluates what the news could mean for Intel (INTC 1.13%) and Qualcomm (QCOM 2.19%) stock investors. *Stock prices used were the afternoon prices of Sept. 5, 2024. The video was published on Sept. 7, 2024. ...

Intel TodayINTCIntel$18.89 -0.51 (-2.63%) 52-Week Range$18.64▼$51.28Dividend Yield2.65%P/E Ratio19.68Price Target$32.04Add to WatchlistIntel NASDAQ: INTC has had a terrible 2024, to say the least. The company’s shares are down 61% year-to-date, driven largely by a massive earnings miss in August. Criticism has been laid on the company’s CEO, Patrick Gelsinger, who has failed to maintain Intel’s dominant position in the semiconductor space. Meanwhile, other chip designers like NVIDIA NASDAQ: NVDA have succee ...

The chipmaker needs to resort to drastic measures to stabilize its earnings growth.Intel (INTC -2.63%), the world's largest producer of x86 CPUs for PCs and servers, was once a bellwether of the semiconductor sector. But over the past 10 years, its stock has dropped more than 50% as it withered into a less valuable chipmaker than AMD, Nvidia, and Qualcomm.Intel's fall from grace was caused by manufacturing problems, product delays, market share losses, and jarring strategic shifts under three CEOs. It misse ...

Nvidia is the logical choice to replace a floundering Intel in the Dow 30.It's no secret that Intel (INTC -2.63%) has been struggling. The stock is down more than 60% year to date and has been the worst performer in the Dow Jones Industrial Average this year.The company was once the largest chipmaker in the world, dominating the personal computer (PC) space. That helped it become one of the first two technology companies to join the famed Dow Jones index, along with Microsoft back in the late 1990s. However ...

These stocks are down more than 15% in the past three months, but that doesn't mean you should buy the dip.Looking at analyst price targets, you might find some undervalued stocks. However, you'll often find a stock that looks like it has a lot of upside, but only because its price has fallen sharply and analysts haven't put through their updated price targets (i.e., downgrades) for it yet.Three stocks that look like they might be great buys today based on their consensus analyst price targets include PDD H ...

Even though Intel's days as a Dow component are likely numbered, and Nvidia has leapfrogged Intel in the innovation department, Wall Street's artificial intelligence (AI) darling is no lock to enter the Dow.For more than 128 years, the Dow Jones Industrial Average (^DJI -1.01%) has served as Wall Street's most prominent barometer of the stock market's health.When it debuted on May 26, 1896, it was comprised of 12 mostly industrial companies. Today, the Dow Jones is a melting pot of 30 time-tested, multinati ...

Key TakeawaysQualcomm is reportedly considering buying parts of Intel.A Reuters story said company executives are especially interested in Intel's PC chip design business.It's the latest report to detail possible deal activity for Intel as the chip giant looks to revive interest in its flagging shares. Qualcomm (QCOM) shares fell following a report that the company has looked into buying segments of Intel (INTC), potentially including its PC chip design business. Reuters on Friday the maker of semiconductor ...

Key TakeawaysIntel is reportedly considering selling off some of its stake in MobilEye, which was recently near 90%.A Bloomberg report said Intel might offload some of its stake in a public sale or third-party transaction.Both MobilEye and Intel have struggled lately, with shares tumbling this year. Shares of MobilEye Global (MBLY) slumped Friday after reports that Intel (INTC) is considering selling off some of its stake as part of the chipmaker's effort to improve its financial position. Bloomberg quoted ...