27-Mar-2024
Taiwan Semiconductor (NYSE:TSM) Slips as Hiring Binge Starts
TipRanks (Wed, 27-Mar 2:07 PM ET)
Semtech soars ahead of earnings on strong AI positioning
Seeking Alpha News (Wed, 27-Mar 1:45 PM ET)
Taiwan Semi's Cutting-Edge 3nm Chips in High Demand, Apple, Intel, and AMD Boost Orders
Benzinga (Wed, 27-Mar 10:20 AM ET)
‘Don’t Get Too Excited,’ Says Top Analyst Matt Ramsay About Intel Stock
TipRanks (Tue, 26-Mar 8:48 PM ET)
‘Don’t Get Too Excited,’ Says Matt Ramsay About Intel Stock
TipRanks (Tue, 26-Mar 8:48 PM ET)
Benzinga (Tue, 26-Mar 3:25 PM ET)
Nvidia's partner SK Hynix plans $4B chip-packaging facility in Indiana - report
Seeking Alpha News (Tue, 26-Mar 7:30 AM ET)
Dow, S&P, and Nasdaq ended lower while yields advanced to start the week
Seeking Alpha News (Mon, 25-Mar 4:06 PM ET)
AMD or Intel: Barclays Chooses the Superior Chip Stock to Buy
TipRanks (Mon, 25-Mar 12:18 PM ET)
Micron leads chips higher as sector shakes off Intel, AMD worries
Seeking Alpha News (Mon, 25-Mar 11:39 AM ET)
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Intel trades on the NASDAQ stock market under the symbol INTC.
As of March 27, 2024, INTC stock price climbed to $43.77 with 46,897,441 million shares trading.
INTC has a beta of 2.13, meaning it tends to be more sensitive to market movements. INTC has a correlation of 0.42 to the broad based SPY ETF.
INTC has a market cap of $185.06 billion. This is considered a Large Cap stock.
Last quarter Intel reported $15 billion in Revenue and $.54 earnings per share. This beat revenue expectation by $246 million and exceeded earnings estimates by $.09.
In the last 3 years, INTC stock traded as high as $68.49 and as low as $24.59.
The top ETF exchange traded funds that INTC belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
INTC has outperformed the market in the last year with a return of +50.8%, while the SPY ETF gained +33.9%. However, in the most recent history, INTC shares have underperformed the stock market with its stock returning -13.1% in the last 3 month period and -3.2% for the last 2 week period, while SPY has returned +10.3% and +1.5%, respectively.
INTC support price is $40.90 and resistance is $43.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INTC stock will trade within this expected range on the day.