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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. The stock has plunged 54% ...
On an adjusted, per-share basis, Intel forecast it would break even for the current quarter. Analysts expect adjusted profit of 9 cents per share. ... Intel's largest by revenue share - saw global ...
Intel reported an adjusted net loss of 46 cents a share. (Reporting by Arsheeya Bajwa in Bengaluru and Jeffrey Dastin and Max A. Cherney in San FranciscoEditing by Kenneth Li, Matthew Lewis and ...
Intel forecast second-quarter adjusted earnings of 10 cents per share, also below expectations. Total revenue of $12.72 billion in the first quarter marginally missed expectations of $12.78 billion.
Intel forecast first-quarter profit of 13 cents a share, excluding one-time items. In an interview, Chief Executive Officer Pat Gelsinger said that the company's core businesses of PCs and servers ...
In the first quarter, Intel said it anticipates earnings per share of $0.13 on revenue of between $12.2 billion and $13.2 billion. Analysts were looking for $0.34 per share on revenue of $14.2 ...
Intel shares, which initially fell about 3% in late trade, recovered some ground after the company expressed confidence in demand for its chips and the ability to manage supply chain constraints.
The chipmaker was set to lose about $25 billion in market value, if premarket losses hold, based on its share price of $43.65. Its stock had soared 90% in 2023.