Are the stars aligning for Intel stock to go on a powerful bull run?Intel's (INTC -1.30%) stock price has been seeing some big swings over the last year as investors weighed the benefit of emerging opportunities against various geopolitical pressures and other risk factors. One analyst firm weighed those conflicting actors and came away with the assumption that the semiconductor giant's share price is heading significantly higher in the near term.In a research note published on April 1, UBS' analysts mainta ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

In the unforgiving realm of artificial intelligence, a single misstep can swiftly sideline your company or significantly hinder its chances of success. This is a lesson that Intel (NASDAQ: INTC) learned the hard way when it disclosed $7 billion in losses for its chip-making foundry in 2023.This loss comes on the heels of an even larger setback than the $5.2 billion in operating losses reported the previous year. The unit generated revenue of $18.9 billion for 2023, marking a sharp 31% decline from $27.49 bi ...

Key TakeawaysIntel shares moved lower in extended trading Tuesday evening after the company disclosed a widening loss and declining sales in its foundry business.The chipmaker's foundry business reported an operating loss of $7 billion on sales of $18.9 billion last year, compared to a loss of $5.2 billion on sales of $27.5 billion in 2022.Intel CEO Patrick Gelsinger said he expects losses in the foundry business to peak this year before breaking even midway between now and the end of 2030.Investors should ...

Intel Corporation (NASDAQ:INTC) New Segment Reporting Webinar Conference April 2, 2024 4:30 PM ET Company Participants John Pitzer - Corporate Vice President of IR Pat Gelsinger - CEO David Zinsner - CFO Conference Call Participants Timothy Arcuri - UBS Joe Moore - Morgan Stanley Vivek Arya - Bank of America Securities Aaron Rakers - Wells Fargo Vijay Rakesh - Mizuho Srini Pajjuri - Raymond James C.J. Muse - Cantor Fitzgerald Operator Thank you for standing by, and welcome to the Intel Corporation New Segme ...

Intel Corporation (NASDAQ:INTC) New Segment Reporting Webinar Conference April 2, 2024 4:30 PM ET Company Participants John Pitzer - Corporate Vice President of IR Pat Gelsinger - CEO David Zinsner - CFO Conference Call Participants Timothy Arcuri - UBS Joe Moore - Morgan Stanley Vivek Arya - Bank of America Securities Aaron Rakers - Wells Fargo Vijay Rakesh - Mizuho Srini Pajjuri - Raymond James C.J. Muse - Cantor Fitzgerald Operator Thank you for standing by, and welcome to the Intel Corporation New Segme ...

The most recent trading session ended with Intel (INTC) standing at $43.94, reflecting a -1.3% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.72%. Meanwhile, the Dow experienced a drop of 1%, and the technology-dominated Nasdaq saw a decrease of 0.95%.The the stock of world's largest chipmaker has fallen by 2.39% in the past month, lagging the Computer and Technology sector's gain of 2.34% and the S&P 500's gain of 2.16%.Market participants ...

Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, often called a foundry business, in a SEC filing.Intel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion. That's a wider loss than the $5.2 billion Intel reported in its foundry business in 2022 on $25.7 billion in sales.This is the first time that Intel has disclosed how much revenue its foun ...

In today's video, I discuss recent updates affecting Intel (INTC -1.52%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of April 1, 2024. The video was published on April 1, 2024. ...

Many tech stocks sank in the light gloom that was the equity market on Monday. One exception was that chipmaking mainstay, Intel (INTC 0.79%). The company's share price saw an uptick of just under 1%, thanks to an analyst's modest yet still positive price target adjustment. By comparison, the uninspired S&P 500 index sagged by 0.2% on the day.A raise in price target, but not recommendationBefore market open, UBS' Timothy Arcuri made the change. He added $4 per share to his Intel price target for a new level ...