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Intel (INTC) closed at $23.47 in the latest trading session, marking a +0.64% move from the prior day.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel will deliver its report after market close on Oct. 31, 2024.
In the tech world, Intel Corp INTC is stumbling its way through a corporate reboot, while Oracle Corp ORCL is racing ahead, planting a $6.5 billion artificial intelligence and cloud flag in Malaysia.
WILMINGTON, Del.--(BUSINESS WIRE)--Huebeler joins Intel 471 amidst company momentum, bringing decades of experience advancing high-growth technology environments.
The fallen chipmaker still faces fundamental and existential challenges.
Intel just won another multibillion-dollar deal from the CHIPS Act.
Intel's stock experienced extreme volatility, plummeting nearly 40% before rebounding 21%, only to drop again after disappointing earnings and cost-cutting measures. Despite the volatility, Intel's price to book ratio is at a 30-year low, presenting a compelling value compared to competitors like AMD, QCOM, and TSM. Chart analysis suggests strong potential for upside, with a significant price gap to fill, indicating a possible 29.83% increase from current levels.
Intel may have regained some pricing power with its latest server CPUs.
Recently, Zacks.com users have been paying close attention to Intel (INTC). This makes it worthwhile to examine what the stock has in store.
With declining earnings estimates and abysmal price performance compared with peers, INTC is witnessing a negative investor perception.