INTC Stock Recent News

In his first public appearance as Intel Corp.'s new chief executive, Lip-Bu Tan on Monday asked the chip giant's customers to continue to give him their criticism and honesty, as he moves forward with his plans to revive the company.

In his first remarks as Intel's new CEO, Lip-Bu Tan on Monday outlined a leaner version of the iconic American chipmaker in which he would work directly with engineers to develop new products based on feedback from the company's customers.

Tech stocks are selling off today amid President Donald Trump's latest tariff remarks.

Although there is one day left in Q1, I'm pleased to present a detailed review of my Q1 stock picks, along with updated commentary and ratings. Today's report begins with an unconventional review of Apple, which I plan to drop coverage on. This report contains new coverage of 38 stocks that I've previously written about here at Seeking Alpha.

Three members of Intel's board of directors won't stand for re-election in May, the company said in a Thursday filing. The shakeup comes after Intel named Lip-Bu Tan as its new CEO earlier this month.

In October 2020, Intel agreed to sell its NAND memory-fabrication facility operations and business in Dalian, China, to Seoul-based memory-chip maker SK Hynix. The deal was set to be conducted through two closings.

Also, in its most recent quarter, the company's EPS of $3.13 beat estimates by nine cents.

Taiwan Semiconductor Manufacturing stock has suffered this year amid worries about potential tariffs on semiconductors and its hefty investment in the U.S.

Some of the best investments take their sweet time to develop. For example, Advanced Micro Devices (AMD -3.15%) entered the Intel (INTC 0.92%) compatible processor market in 1996, and then the stock largely trailed behind the S&P 500 (^GSPC -0.33%) for the next 20 years.

Intel (INTC) concluded the recent trading session at $23.62, signifying a +0.85% move from its prior day's close.