INTC Stock Recent News

The company's share price has risen from recent lows of around $830, although it remains short of its highs of around $950.

These two technology stocks could carve out a significant share of the AI market. We're still in the early days of the AI growth story, and these stocks are well positioned to benefit.

That amount represents a cut from the previous $50-per-share target. Yet, this Wall Street pundit still expects the price to bounce 23% higher.

Intel stock (NASDAQ NDAQ : INTC) is expected to publish its Q1 2024 results on April 25. We expect revenue for the quarter to come in at about $12.8 billion, roughly in line with consensus estimates.

Intel will release two AI chips with reduced capabilities for the Chinese market, in order to comply with U.S. export controls and sanctions.

The latest trading day saw Intel (INTC) settling at $36.31, representing a +1.74% change from its previous close.

Now is a great moment to invest in technology stocks as a potential artificial intelligence (AI) revolution may lie ahead. It's wise to spread your investment across a basket of players that could win in the AI market over time.

Intel is making major changes to its business model that could boost earnings in the coming years. Meanwhile, Apple's stock popped this week after news of a shift in its Mac lineup.

Intel just pulled back the curtain surrounding the steep losses in its manufacturing business. The company will need the ample funding it's getting from the E.U.

The AI market still has much to offer new investors, with it anticipated to expand at a CAGR of 37%. Nvidia's established role in the sector could offer investors consistent gains for years.