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Intel's struggles accelerated in 2024. A quick look at Intel's Q3 numbers shows why the stock has been struggling. The chipmaker saw a 6% year-over-year decline in sales while flipping from ...
Positive fourth quarter guidance and a beat on data center revenue helped send the stock higher, with the chipmaker's stock up over 8% Friday. For the quarter, Intel saw a loss per share of $0.46 ...
This has turned out to be a terrible year for Intel (NASDAQ: INTC) investors so far, as shares of the chipmaker have crashed 60% in 2024, and the stock's decline was exacerbated by its second ...
Even with today's pop, Intel stock is still down roughly 53% in 2024's trading. The stock looks cheap by some metrics, but the business has been struggling lately -- and there's a high degree of ...
The stock price has fallen more than 50% in 2024, despite a 10% gain in November. Trailing sales are down 31% from the $79 billion peak in 2021. Free cash flows have been mostly negative for a ...
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California. Processors are manufactured in semiconductor fabrication plants called "fabs" which are then sent to assembly and testing sites before delivery to customers.
Here are three reasons to buy Intel stock like there's no tomorrow in 2024. 1. Playing the long game in AI ... partnership with Apple that made it the primary chip provider for the Mac lineup ...
In December 2024, Intel's CEO Pat Gelsinger was ousted amid ongoing struggles to revitalize the company, which has seen a significant decline in stock value during his tenure. Gelsinger's resignation, effective December 1, followed a board meeting where directors expressed dissatisfaction with the slow progress of his ambitious turnaround strategy.