Intel Corporation (INTC)
| Market Cap | 133.46B |
| Revenue (ttm) | 55.24B |
| Net Income (ttm) | 4.07B |
| Shares Out | 4.26B |
| EPS (ttm) | 0.96 |
| PE Ratio | 32.66 |
| Forward PE | 24.28 |
| Dividend | $0.50 (1.60%) |
| Ex-Dividend Date | May 6, 2024 |
| Volume | 38,246,191 |
| Open | 31.43 |
| Previous Close | 31.10 |
| Day's Range | 31.02 - 31.56 |
| 52-Week Range | 29.73 - 51.28 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 40.09 (+27.88%) |
| Earnings Date | Aug 1, 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]
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 StatementsAnalyst Forecast
According to 32 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $40.09, which is an increase of 27.88% from the latest price.
News
Chip Stocks: Nvidia xAI 100K & Intel A.I. Restructuring
Nvidia (NVDA) continues to make headlines with its recent xAI announcement of 100K chips, as anticipation builds around Intel's (INTC) restructuring of its DC A.I. business. Keith Townsend joins Nicol...
Intel's AI Chip Story ‘Feels Mostly MIA,' Says Analyst
The chip maker's artificial-intelligence chip market is lackluster, says Bernstein analyst Stacy Rasgon
Intel Names Naga Chandrasekaran to Lead Foundry Manufacturing and Supply Chain
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces the appointment of Dr. Naga Chandrasekaran as leader of the Intel Foundry Manufacturing and Supply Chain organization.
Big Investor Buys Nvidia, Intel Stock. This Is What It Sold.
The call on Intel has been working in M&G PLC's favor. Shares are up 6.5% so far in the third quarter.
Stock Market Today: Dow Sinks 533 Points as Big Banks, Mega Caps Slump
Goldman Sachs and Apple were two of the worst-performing blue chip stocks on Thursday.
Is Intel the smarter investment as Nvidia peaks? Here's why
Nvidia stock has run its course and overextended. If the business improves from here on, Intel will be a beneficiary and can perform better in the near term.
Source Photonics Licenses 800G Transceiver Module Designs from Intel
WEST HILLS, Calif.--(BUSINESS WIRE)--Source Photonics and Intel have entered into a licensing agreement that allows Source Photonics to utilize Intel's 800G transceiver designs, including Intel's sili...
Intel's stock again stands out with gains in the face of chip weakness
On another weak day for the broader chip sector, Intel Corp.'s stock performance stands out in a good way.
Computer chip stocks plunge as Biden trade controls, Trump's Taiwan remarks rattle investors
Major computer chip manufacturers like Nvidia and TSMC slumped this week as actions by President Biden and Donald Trump fueled renewed geopolitical concerns among investors.
From Athletes to GenAI Developers: Intel Tackles Real-World Challenges with AI Systems
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel details its collaboration with the International Olympic Committee and an industry-driven generative AI retrieval-augmented generation solution.
Intel (INTC) Stands Alone Amid Semiconductor Selling
Chip stocks are under pressure as the Biden Administration considers a tougher chip export crackdown for China. Caroline Woods talks about how Intel (INTC) pulls back from earlier highs.
Why Intel, GlobalFoundries Are Gaining as Nvidia and Other Chip Stocks Drop
Intel (INTC) and GlobalFoundries (GFS) shares rose in intraday trading Wednesday while Nvidia (NVDA) and other chip stocks tumbled amid concerns about tightening trade restrictions and rising geopolit...
Intel Stock Is Bucking the Trend After Trump's Taiwan Comments
Taiwan accounts for more than 90% of the world's most advanced chip manufacturing. Intel is trying to offer a U.S.-based alternative.
Why Intel's stock is bucking the semiconductor sector's worst selloff since 2022
As the semiconductor sector heads for its worst day in almost two years, there are a couple of notable outliers.
Chip stocks tumble on fears of tighter US curbs on sales to China
Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions on supply of advanced technology to key market China and comments on Taiwan from Repub...
Intel Launches Its First US Apprenticeship for Manufacturing Facility Technicians
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel is piloting its first U.S. registered apprenticeship program for manufacturing facility technicians in Arizona.
Intel launches apprenticeship for U.S. manufacturing workers
Intel has launched its first U.S. apprenticeship program to train manufacturing facility technicians at its chip factory in Arizona.
Your Best Option: Bill Baruch puts on a new options trade in Intel
Bill Baruch, founder and president of Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest options trade in Intel.
Intel Stock Is the Dow's Best Performer on Friday. Here's Why.
Chief Technology Officer Greg Lavender said that he is on track to reach a goal of getting to $1 billion in software sales by 2027., Reuters reported.
Intel on track for cumulative software sales of $1 billion by end 2027, executive says
Intel's push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters.
Intel leads investment in Israeli AI construction tech startup Buildots
Israeli construction technology startup Buildots said on Thursday it had received a $15 million investment led by Intel Capital to help it grow.
Intel to Report Second-Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces that it will report second-quarter 2024 financial results on Aug. 1, 2024.
Intel's momentum has flipped as stock looks to book five-session winning streak
One of the S&P 500's biggest losers in the first six months of the year is getting off to strong second-half start.
Intel Stock Has Had a Tough Year. Why That Could Change.
Past performance suggests the stock could see a comeback in the remainder of 2024.
Intel Stock Rallies To 3-Month High As ‘Unloved' AI Name Pares Losses
Shares of legacy Silicon Valley giant Intel rallied Tuesday to their highest level in months, bucking the multiyear trend of underperformance as investors favored Intel's rivals amid the artificial in...