Intel Corporation (INTC)

NASDAQ: INTC · IEX Real-Time Price · USD
42.71
+0.07 (0.16%)
At close: Mar 18, 2024, 4:00 PM
42.60
-0.11 (-0.26%)
After-hours: Mar 18, 2024, 7:59 PM EDT
0.16%
Market Cap 180.58B
Revenue (ttm) 54.23B
Net Income (ttm) 1.69B
Shares Out 4.23B
EPS (ttm) 0.40
PE Ratio 106.78
Forward PE 31.18
Dividend $0.50 (1.17%)
Ex-Dividend Date Feb 6, 2024
Volume 25,827,059
Open 43.09
Previous Close 42.64
Day's Range 42.60 - 43.38
52-Week Range 26.86 - 51.28
Beta 1.00
Analysts Hold
Price Target 41.34 (-3.21%)
Earnings Date Apr 25, 2024

About INTC

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs)... [Read more]

Industry Semiconductors
Sector Technology
Founded 1968
Employees 124,800
Stock Exchange NASDAQ
Ticker Symbol INTC
Full Company Profile

Financial Performance

In 2023, Intel's revenue was $54.23 billion, a decrease of -14.00% compared to the previous year's $63.05 billion. Earnings were $1.69 billion, a decrease of -78.92%.

Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $41.34, which is a decrease of -3.21% from the latest price.

Price Target
$41.34
(-3.21% downside)
Analyst Consensus: Hold
Stock Forecasts

News

These older tech companies are playing catch-up in genAI

The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.

7 hours ago - Market Watch

R2 Semiconductor Announces Two Important Updates in Intel Patent Infringement Case

PALO ALTO, Calif.--(BUSINESS WIRE)--R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries...

Other symbols: DELLHPE
15 hours ago - Business Wire

Intel has shelved investment in Italy, minister says

Intel has postponed plans to invest in Italy, the country's industry minister said on Thursday, after a project to build an advanced packaging and chip assembly factory first mooted in March 2022 was ...

4 days ago - Reuters

Biden to announce Intel chips grant in Arizona next week, sources say

President Joe Biden and Commerce Secretary Gina Raimondo plan next week in Arizona to unveil a multi-billion-dollar award for Intel Corp to expand its chip production in the United States, two people ...

4 days ago - Reuters

Intel Appoints Stacy Smith to Board of Directors

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel today announced that Stacy Smith, executive chairman of Kioxia Corp., was appointed to Intel's board of directors, effective immediately.

5 days ago - Business Wire

Pentagon Pulls Out of Plan to Spend $2.5 Billion on Intel Grant

The Pentagon pulled out of a plan to spend as much as $2.5 billion on a chip grant to Intel Corp., people familiar with the situation said. Mackenzie Hawkins and Ian King have more.

5 days ago - Bloomberg Markets and Finance

Pentagon reportedly scraps Intel grant

CNBC's Kristina Partsinevelos joins 'The Exchange' to discuss Intel following the news report that the Pentagon has scrapped the plan to give $2.5 billion to the company.

5 days ago - CNBC Television

Intel (INTC) As The IBM Of Semiconductors

The Intel (INTC) stock price has fallen 10% year-to-date. Intel is incorporating A.I.

6 days ago - Schwab Network

U.S. intel community issues warning against Chinese disinformation threats

CNBC's Eamon Javers joins "Power Lunch" to discuss how U.S. intel officials are warning of rising threats from Chinese disinformation.

6 days ago - CNBC Television

Focus: Intel survived bid to halt millions in sales to China's Huawei, sources say

Intel has survived an effort to halt hundreds of millions of dollars' worth of chip sales to Huawei, two people familiar with the matter said, giving one of the world's largest chipmakers more time to...

6 days ago - Reuters

Intel Releases Continuous Profiler to Increase CPU Performance

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel releases Continuous Profiler to open source. The optimization agent is used to identify production bottlenecks and optimization opportunities.

7 days ago - Business Wire

Practice Intel Launches Advisory Board Comprising Financial Services and Technology Veterans

BOCA RATON, Fla.--(BUSINESS WIRE)-- #AdviceExperience--Practice Intel, a data driven platform to help advisors and firms scale organic growth, today announced the appointment of six distinguished fina...

7 days ago - Business Wire

Big Pension Bought Up Nvidia, Intel, and AMD Stock in Late 2023

A large Canadian public pension bought Nvidia, Intel, and AMD stock, and sold Micron stock in the fourth quarter.

Other symbols: AMDNVDA
8 days ago - Barrons

Chipmaker stocks rally to new highs — here's what investors should know

AI-based tech stocks have seen an unprecedented rally in US markets, with Nvidia (NVDA) leading the charge. While some fear that what goes up must come down, other investors believe these stocks still...

Other symbols: AMDAVGONVDATSM
10 days ago - Yahoo Finance

Media Alert: Intel at Open Confidential Computing Conference 2024

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel technologists will present advances in confidential computing at the Open Confidential Computing Conference on March 13.

10 days ago - Business Wire

Intel Exits Stake in Embattled Movella Stock

Intel sold all its shares of sensor-tech firm Movella in the fourth quarter.

Other symbols: MVLA
10 days ago - Barrons

AVGO, AMD, INTC: Semiconductors & A.I.

Broadcom (AVGO) is a strange beast of a company, notes Kim Forrest. She and Morningstar's William Kerwin discuss Broadcom.

Other symbols: AMDAVGO
11 days ago - Schwab Network

Intel's (INTC) Possible $3.5B U.S. Gov. Contract, Micron (MU) Upgrade

Intel (INTC) is poised to win a $3.5B U.S. government contract. Jenny Horne discusses this, as it is reported that Intel is to produce an advanced chip for U.S. military and intelligence programs.

Other symbols: MU
11 days ago - Schwab Network

Intel Corporation to Host Investor Webinar on New Segment Reporting

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces that it will hold an investor webinar on April 2 to present the financial framework for the Intel Foundry business.

12 days ago - Business Wire

REPLY: Intel and Concept Reply Join Forces to Pioneer AI-Powered Advancements in Self-Driving Vehicle Safety

TURIN, Italy--(BUSINESS WIRE)--Concept Reply, a leader in IoT solutions in the Reply network announces the launch of a groundbreaking AI-driven innovation poised to transform the safety and efficiency...

12 days ago - Business Wire

Intel sees AI opportunity for standalone programmable chip unit

Artificial intelligence offers a growing and potentially lucrative opportunity for Intel's freshly standalone programmable chip unit, its CEO Sandra Rivera said.

18 days ago - Reuters

MiTAC Unleashes Revolutionary Server Solutions, Powering Ahead with 5th Gen Intel® Xeon® Scalable Processors Accelerated by Intel Data Center GPUs

NEWARK, Calif. , Feb. 28, 2024 /PRNewswire/ -- MiTAC Computing Technology, a subsidiary of MiTAC Holdings Corp. (TSE:3706), proudly reveals its groundbreaking suite of server solutions that deliver un...

19 days ago - PRNewsWire

BUFFERZONE® and Intel® AI Anti-Phishing Solution presented at Mobile World Congress

BUFFERZONE® is the first cybersecurity company to integrate AI deep learning with Intel® Core™ Ultra processor enabled PCs HERZLIYA, Israel, Feb. 27, 2024 /PRNewswire/ -- BUFFERZONE®, a provider of ne...

20 days ago - PRNewsWire

Mavenir and QCT Introduce Industry DU Powered by 4th Gen Intel Xeon Scalable Processors With Intel vRAN Boost to Promote High Performance Flexibility for Open RAN Deployments

BARCELONA, Spain--(BUSINESS WIRE)-- #5G--Mavenir collaborate with QCT and Intel to provide a high performance, cost optimised edge platform that lowers the entry threshold to deploy Open RAN.

21 days ago - Business Wire

Intel Unleashes 2.7x Performance per Rack Improvement for 5G Core

BARCELONA, Spain--(BUSINESS WIRE)--What's New: To answer network operators' demands for energy-efficient scaling, Intel Corporation disclosed two major updates to drive footprint, power and total cost...

21 days ago - Business Wire