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Intel stock rose 2% in premarket trading on Friday following the report. The report is Intel's first since it ousted CEO Pat Gelsinger over frustrations related to his enormous turnaround plan for ...
Intel's fourth-quarter revenue of $14.3 billion was down 7% from the year-ago period. ... Trading at 39 times forward earnings, Intel cannot be called cheap considering its shrinking bottom line.
Intel stock rose slightly in premarket trading on Friday as the struggling US icon managed to serve up better-than-expected fourth quarter guidance. Shares had been up about 8% late Thursday, but ...
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in the world (based on market cap) and replaced it in the Dow.
Chipmaker Intel jumped 5.1% in premarket on media reports that rivals Broadcom and Taiwan Semiconductor were looking into acquiring separate divisions of the California company. Broadcom is interested in Intel’s chip-design and marketing business, while Taiwan Semiconductor is eyeing control of some or all of Intel’s chip plants, The Wall ...
Intel (NASDAQ: INTC) stock is gaining ground Wednesday following the unveiling of two new artificial intelligence (AI) products. The company's share price was up 3.5% as of 12:30 p.m. ET. The ...
Most megacap and growth stocks ticked up in premarket trading, with Tesla outpacing the pack with a 1% increase. ... Intel advanced 5.2% after a report over the weekend said rivals Taiwan ...
Intel Corp (NASDAQ:INTC) stock gained Friday on reports claiming that the struggling chipmaker is an acquisition target. The stock has plunged 54% in the last 12 months. Charlie Demerjian of ...