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Intel Corporation (INTC) New Segment Reporting Webinar (Transcript)
Seeking Alpha· 2024-04-02 23:44
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 (INTC) New Segment Reporting Webinar (Transcript)
2024-04-02 23:44
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 (INTC) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-04-02 22:51
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 fall after company reveals $7 billion operating loss in foundry business
CNBC· 2024-04-02 21:32
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 ...
What Intel Stock Investors Should Know About Recent Semiconductor Updates
The Motley Fool· 2024-04-02 15:20
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. ...
Why Intel Stock Climbed While the Market Fell Today
The Motley Fool· 2024-04-01 21:25
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 ...
Intel: Laying Groundwork For Strong Share Price Upside
Seeking Alpha· 2024-04-01 03:59
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to "Buy", compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit my thesis: Overall, I remain bullish on Intel, as I see the company gaining momentum in navigating shifts in competition, technological shifts, and macroeconomic uncertainties. Specifically, I am encouraged by I ...
Intel stock could gain up to 30%: here's why
Invezz· 2024-03-31 07:30
Intel Corp (NASDAQ: INTC) hasn’t been all that exciting over the past three months but analysts at Lynx Equity Strategies are convinced the story moving forward will be a different one.What could help Intel stock? Copy link to section Lynx Equity expects $INTC to climb as much as 30% in the coming months. The firm told its clients in a recent research note: In an environment where investors are actively seeking out ideas in the AI space, even modestly positive catalysts could have an outsized impact on stoc ...
Intel: Everything Rides On 18A, I'm Bullish
Seeking Alpha· 2024-03-30 07:32
Sean Gallup/Getty Images News Investment Thesis In light of recent US government grants for domestic chip production, I believe Intel (NASDAQ:INTC)’s foundry business is expected to be a key factor in their future growth and currently underappreciated. Intel’s fabrication unit is starting to capitalize on the semiconductor industry's shift towards supply chain diversification by bringing together desired supply chain rigidness from customers with brand new 18A technology from Intel. By using its soon-to ...
Is Most-Watched Stock Intel Corporation (INTC) Worth Betting on Now?
Zacks Investment Research· 2024-03-29 14:06
Intel (INTC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this world's largest chipmaker have returned +2.6%, compared to the Zacks S&P 500 composite's +3.7% change. During this period, the Zacks Semiconductor - General industry, which Intel falls in, has gained 14.5%. The key question now is: What could be the stock's future direc ...