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The firm's analysts maintained an underperform rating on Intel and a one-year price target of $21 per share on the stock. As of this writing, BofA's target on Intel implies a downside of roughly 6.5%.
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...
Shares of Intel (NASDAQ: INTC) continued to retreat today after an initial pop following the exit of CEO Pat Gelsinger. Intel added new members to its board this morning, but a picture of a ...
Intel (NASDAQ: INTC) stock is losing ground in Friday's trading. The semiconductor company's share price was down 4.6% as of 11:40 a.m. ET amid the backdrop of a 1.6% decline for the S&P 500 index ...
If Intel is able to scale its third-party fabrication business and attract high-end chip-design customers, its stock could soar above current levels. But the company still has a lot of proving to ...
Intel (NASDAQ: INTC) stock price was down by 2.9% as of 3 p.m. ET Monday, even as the S&P 500 index was up by 0.5% and the Nasdaq Composite had gained 1% for the day. The chipmaker's decline ...
Intel (NASDAQ: INTC) stock is losing ground in Tuesday's trading. The semiconductor company's share price was down 2.6% as of 1:45 p.m. ET, and had been down as much as 3.2% earlier in the daily ...
As of 3:16 p.m. ET, Intel stock was down 3.3% on the news. A tweezer holding a chip over a circuit board. Image source: Getty Images. Foundry demand is slowing.