Intel Corporation (INTC)

NASDAQ: INTC · IEX Real-Time Price · USD
42.99
0.00 (0.00%)
At close: Feb 26, 2024, 4:00 PM
42.95
-0.04 (-0.09%)
After-hours: Feb 26, 2024, 7:59 PM EST
0.00%
Market Cap 181.76B
Revenue (ttm) 54.23B
Net Income (ttm) 1.69B
Shares Out 4.23B
EPS (ttm) 0.40
PE Ratio 107.48
Forward PE 31.46
Dividend $0.50 (1.16%)
Ex-Dividend Date Feb 6, 2024
Volume 27,035,379
Open 43.50
Previous Close 42.99
Day's Range 42.82 - 43.68
52-Week Range 24.73 - 51.28
Beta 1.02
Analysts Hold
Price Target 41.07 (-4.47%)
Earnings Date Jan 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 $41.07, which is a decrease of -4.47% from the latest price.

Price Target
$41.07
(-4.47% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

1 day 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...

1 day ago - Business Wire

Intel Announces New Edge Platform for Scaling AI Applications

BARCELONA, Spain--(BUSINESS WIRE)--Intel (Nasdaq: INTC): What's New: At MWC 2024, Intel announced its new Edge Platform, a modular, open software platform enabling enterprises to develop, deploy, run,...

1 day ago - Business Wire

Intel Brings AI Everywhere Across Network, Edge, Enterprise

BARCELONA, Spain--(BUSINESS WIRE)--At MWC 2024, Intel announced new platforms, solutions and services spanning network and edge AI, Intel® Core™ Ultra processors and the AI PC, and more. In an era whe...

1 day ago - Business Wire

Mavenir in Collaboration with Intel Delivers Optimised Performance and Power Efficiency for 4G and 5G Open vRAN Solution

BARCELONA, Spain--(BUSINESS WIRE)-- #4G--Mavenir's Open vRAN, driven by 4th Gen Intel Xeon Scalable processors, offers ideal performance, functionality & integrated AI/ML for 4G/5G networks.

2 days ago - Business Wire

Intel Releases 2023 Product Security Report Highlighting Commitment to Security Assurance

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation releases the results of its 2023 Product Security Report.

3 days ago - Business Wire

Nvidia's growth and Intel's chip-making plans depend on AI fulfilling its promise

This has been a big week for investors banking on the inevitable growth of artificial intelligence. After the U.S. market's close on Wednesday, Nvidia NVDA, +15.32% released earnings that exceeded exp...

Other symbols: NVDA
4 days ago - Market Watch

OpenAI's Sam Altman and Intel's Pat Gelsinger defend big spending on AI

Intel CEO Pat Gelsinger had a fireside chat with OpenAI CEO Sam Altman about the future of AI.

4 days ago - VentureBeat

Intel Corporation to Participate in Upcoming Investor Conference

SANTA CLARA, Calif.--(BUSINESS WIRE)--David Zinsner, Intel's chief financial officer, will participate in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference.

4 days ago - Business Wire

Alpha and Omega Semiconductor Announces Application-Specific EZBuck™ Regulator to Power Intel Meteor Lake and Arrow Lake Platforms

SUNNYVALE, Calif.--(BUSINESS WIRE)--AOZ22559QI and AOZ22539QI Constant On-Time Buck Converters.

Other symbols: AOSL
4 days ago - Business Wire

Intel and OpenAI Gauge Chip Demand, and Other Tech News Today

Intel would like to get back into the conversation about artificial-intelligence chips. It looks to have OpenAI CEO Sam Altman on board.

4 days ago - Barrons

AI and semiconductor stocks surge after Nvidia's earnings beat

Following Nvidia's earnings report, share prices of rivals Advanced Micro Devices and SoftBank-backed U.K. chip designer Arm Holdings also made gains.

Other symbols: NVDAAMDSMCITSM
5 days ago - CNBC

CEOs of Intel, OpenAI chat about future of AI and ‘mind-boggling' need for chips

SAN JOSE, Calif. — Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market's early lea...

5 days ago - Market Watch

Intel bets big on foundry business as part of AI plans

Intel (INTC) unveiled its Intel Foundry services which will use its external customers to help build out its multi-billion-dollar chip manufacturing plants, a step in its greater ambitions in the AI l...

5 days ago - Yahoo Finance

Intel CEO discusses Microsoft partnership for AI chips

Intel CEO Pat Gelsinger joins 'The Exchange' to discuss Intel's partnership with Microsoft for AI chips, the timeline for building a new factory in Ohio, and more.

Other symbols: MSFT
5 days ago - CNBC Television

Microsoft CEO Says Company's New Chip Will Use Intel Foundry

Intel Foundry picked up a win as Microsoft CEO Satya Nadella announced a partnership for a new chip.

Other symbols: MSFT
5 days ago - Barrons

Intel CEO wants to create ‘the world's most resilient supply chain'

Intel CEO Pat Gelsinger said there's so much turmoil in the world that he wants Intel Foundry to create the "world's most resilient supply chain."

5 days ago - VentureBeat

Intel expects to overtake TSMC in making fastest chips this year

Intel on Wednesday said it expected to beat a 2025 deadline to overtake its biggest rival in advanced chip manufacturing and gave new details about plans to maintain that lead versus Taiwan's TSMC int...

5 days ago - Reuters

Why Intel CEO is betting so much on chip manufacturing | Pat Gelsinger interview

Intel CEO Pat Gelsinger today launched Intel Foundry as a sustainable systems foundry business designed for the AI era.

5 days ago - VentureBeat

Intel unveils its Intel Foundry business with luminaries present

Intel unveiled its Intel Foundry business today which will count on external customers to its multi-billion-dollar chip manufacturing plants.

5 days ago - VentureBeat

Intel Launches World's First Systems Foundry Designed for the AI Era

SAN JOSE, Calif.--(BUSINESS WIRE)--Intel Corp. launches Intel Foundry as the first systems foundry for the AI era, delivering leadership in technology, resiliency and sustainability.

5 days ago - Business Wire

Lorentz's PeakView 3D EM Design Platform Certified for Intel 18A Process Technology

SANTA CLARA, Calif.--(BUSINESS WIRE)--Lorentz Solution, renowned for its PeakView electromagnetic (EM) design platform with unmatched 3D fullwave accuracy, has achieved certification on Intel 18A proc...

5 days ago - Business Wire

Intel CEO Pat Gelsinger Receives 2024 Distinguished Executive Leadership Award from JEDEC Board

ARLINGTON, Va.--(BUSINESS WIRE)--The JEDEC® Board of Directors presented its prestigious 2024 Distinguished Executive Leadership Award to Intel CEO, Pat Gelsinger, in a ceremony held at Intel's office...

5 days ago - Business Wire

Nokia utilizes Intel technology to drive greater 5G network energy savings through software innovations and new chips #MWC24

Press ReleaseNokia utilizes Intel technology to drive greater 5G network energy savings through software innovations and new chips #MWC24 Nokia in collaboration with Intel has achieved approximately 4...

Other symbols: NOK
5 days ago - GlobeNewsWire

OpenAI's Sam Altman has plans for AI that could mean big money for Intel

I'm bullish on Intel for three main reasons: the leadership of Chief Executive Pat Gelsinger, the company's strong ecosystem and Intel's INTC, +2.32% ambitious foundry business — which has perhaps fou...

6 days ago - Market Watch