Intel (INTC -4.88%) stock lost substantial ground in 2024's first day of trading. The company's share price closed out the daily session down 4.9%, according to data from S&P Global Market Intelligence.While there wasn't any business-specific news pushing Intel stock down today, the company's valuation slipped amid some substantial developments. Most relevant to the company's performance outlook, news hit the wire that ASML had opted not to ship advanced chip-fabrication machines to China following pressure ...

Shares of Intel (INTC -4.88%) tumbled to kick off the new year, falling as much as 5.6%. As of 3:35 p.m. ET, the stock was down 5.19%.Part of what dragged the semiconductor company down was the stock market's broader decline to start the year. A Wall Street analyst also added fuel to the fire. Despite issuing a higher price target, the analyst doesn't view Intel as one of a select group of "attractive" chip stocks.Less downside for IntelStifel analyst Tore Svanberg maintained a hold rating on Intel, though ...

SweetBunFactory The AI Investment Surge of 2023 2023 is marked by a significant investment surge in AI, offering promising long-term opportunities in areas from chip manufacturing to end-user devices. This trend has notably boosted tech industry stocks. However, this investment boom also poses challenges in identifying long-term winners, as many stocks might already reflect their AI growth potential somewhat. Investing in this rapidly evolving field requires careful analysis and a strategic approach. SASA I ...

FinkAvenue Investment Thesis With Intel (NASDAQ:INTC)’s release of Intel’s 5th Gen Xeon Scalable processors, also known as Emerald Rapids, I believe their future in the AI market is strong as these new processors help work towards the trend of smaller LLMs and running AI models more efficiently. Launched on December 14th 2023, these processors feature up to 64 cores and boast a 40% performance improvement over their predecessors, allowing them beat out their competition when it comes to the increasing d ...

2023 was a year of resurgence for the US stock market, and the technology sector emerged as a standout performer, fueled by the relentless growth of artificial intelligence (AI). Despite the macro challenges in the past two years, tech companies experienced a remarkable surge in demand, with chipmakers playing a pivotal role in this resurgence. While Nvidia (NASDAQ: NVDA) took much of the spotlight, chip giant Intel (NASDAQ: INTC) also garnered significant attention. Culminating in an impressive feat, INTC ...

Key TakeawaysThe Intel share price has trended steadily higher throughout 2023 but may find resistance on the chart around $52.Nio's share price broke out from a flag-like pattern and closed above the 200-day moving average.The SPDR S&P Retail ETF's share price has traded within a range over the past 18 months, creating clearly defined support and resistance areas on the chart.Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch. Intel Corporatio ...

Key TakeawaysU.S. equities continued their December rally following the Christmas break, with the S&P 500 rising 0.4% and nearing its all-time high.Shares of Intel were boosted as the government of Israel offered the company a $3.2 billion incentive package to build a chip factory.Oil prices spiked on concerns about attacks on shipments in the Red Sea.The rally that sent U.S. equities higher before Christmas continued as the markets reopened Tuesday. The S&P 500 rose 0.4%, putting the index less than 25 poi ...

About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...

Intel (INTC 4.82%) stock is making big gains in Tuesday's trading. The semiconductor giant's share price was up 4.7% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence.Intel stock is climbing following news that the company will be building a $25 billion new manufacturing facility in Israel. The country's government will be providing $3.2 billion to help fund the production of the facility. Intel makes another big bet on chip productionIntel's new production plant will be built as an ...

Shares of Intel Corp. rose 4.7% Tuesday, lifted by the announcement of a $25 billion investment in Israel.Intel’s stock INTC, +4.67% is on pace for its biggest daily percentage gain since Nov. 16, when it rose 6.8%. The S&P 500 index SPX is up 0.4% Tuesday.The chip giant’s investment comes after Intel secured $3.2 billion in incentives from Israel, according to Bloomberg. The Times of Israel reports that Intel’s $25 billion investment will support a chip-manufacturing plant in the city of Kiryat Gat that wi ...