Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024. Intel shares jumped 12% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped expectations. Here's how the company did in comparison with LSEG consensus: Earnings per share: Loss of 46 cents adjusted Revenue: $13.28 billion vs. $13.02 billion expected Intel's revenue declined 6% year ov ...

Boo! These stocks have all lost more than half of their value in just five years.Halloween can be a scary time for trick-or-treaters, but if you've invested in risky stocks over the years, looking at your portfolio at any time can be frightening. While stocks can, in general, deliver great long-term returns, risky investments can lead to crippling losses. And while buying and holding a stock for the long term can result in a sizable return for investors, that's by no means going to be the case in all situat ...

Intel Corp (NASDAQ:INTC) has fallen from grace so suddenly that semiconductor suitors have been circling. Last seen trading at $22.46, the chipmaker and former tech titan reports third-quarter earnings after the market closes tomorrow, Oct. 31. To avoid a Halloween scare, INTC must show serious inroads with artificial intelligence (AI) to buck a dire post-earnings trend.Intel stock has developed a history recently of sharp post-earnings reactions to the downside. The shares gapped 26.1% lower in early Augus ...

Intel Corporation INTC will report third-quarter financial results tomorrow, October 31, after the closing bell. Rosenblatt analyst Hans Mosesmann anticipates that the tech giant will report results that are in line with expectations as the PC market stabilizes. However, he notes that this will be tempered by challenging trends in the data center sector, mainly due to market share losses to Advanced Micro Devices, Inc. AMD. Related Read: AMD Q3 Earnings: Revenue Beat, EPS In Line, Data Center Up 122%, 'Sign ...

Key Takeaways Intel is set to report earnings after the market closes on Thursday. Analysts expect the chipmaker to swing to a loss and for Intel's revenue to decline year-over-year. Analysts expect revenue to decline 8% year-over-year to about $13 billion, along with a net loss of $955 million, or 23 cents a share, Intel's (INTC) third-quarter results are due after the closing bell on Thursday. Analysts aren't bullish on the struggling chipmaker, with Wall Street generally calling for a loss and expecting ...

Investors are losing patience with Intel.Intel (INTC -0.39%) is pausing its dividend and slowing capital spending to control the cash outflow amid its massive push for expansion.*Stock prices used were the afternoon prices of Oct. 24, 2024. The video was published on Oct. 26, 2024. ...

Intel Corporation (INTC) is scheduled to report third-quarter 2024 earnings after the closing bell on Oct. 31. In the to-be-reported quarter, the company is likely to have recorded lower revenues from the Client Computing Group (CCG) segment as high customer inventory levels and a conservative approach toward placing orders for high-value items remain headwinds. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Factors at Play CCG is the company's largest segment and accounts for the l ...

Intel Corporation (INTC) is scheduled to report third-quarter 2024 earnings after the closing bell on Oct. 31. In the to-be-reported quarter, the company is likely to have recorded lower revenues from the Datacenter and AI Group (DCAI) segment, owing to the fierce competition from other industry leaders amid a challenging macroeconomic environment. However, higher deployment of the Intel Gaudi 3 accelerator, Intel Core Ultra 200V series processors and advancements in artificial intelligence (AI)-accelerated ...

Former president Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on the Joe Rogan Experience podcast and accused the country of stealing America's chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Such tariffs would impact the global leader in chip building, Taiwan Semiconductor Manufacturing Company, whose customers include companies like Nvidia and Apple. Shares of Taiwan Semiconductor clo ...

Intel's Stock Performance and Technical Analysis - Intel shares will be in focus this week as investors await the company's third quarter results after Thursday's closing bell [1][2] - The stock has recovered 23% from its early-September low, supported by the company's turnaround plans, but remains more than 50% lower since the start of the year [2] - Intel shares have been trading sideways since breaking above the neckline of a double bottom pattern last month, with a doji forming last week indicating indecision [3] - The relative strength index (RSI) has flattened out in recent weeks, confirming rangebound conditions in the stock [3] Key Support and Resistance Levels - Key support levels to monitor are around $22 and $19, with $22 sitting just 3% below Friday's close and providing support near the double bottom pattern's neckline [4] - A breakdown below $22 could see the stock revisit $19, where bargain hunters may look for buying opportunities [4] - Important resistance areas to watch are near $25, $30, and $36, with $25 being a potential exit point for investors who purchased at lower levels [5] - A rally through $25 could see the shares climb to $30, where overhead selling pressure may emerge, and a more bullish move may lead to a retest of the $36 level [5] Revenue Expectations and Competitive Landscape - Analysts expect Intel to report a decline in revenue for the third quarter due to softening demand for PC and server chips [2] - The company faces intensifying competition from rivals such as Advanced Micro Devices (AMD) and Nvidia (NVDA), contributing to its shrinking dominance in the chip market [2]