Intel stock news

Intel is one of the largest semiconductor companies in the world and holds the lion's share of the PC and server processor markets.

The company is now worth hundreds of billions. Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Intel stock news

The company projects a fiscal first-quarter net loss of 25 cents per share on a GAAP basis. Intel CEO Pat Gelsinger said on a call with analysts that the core businesses — PC and server chips — would be at the low end of the company's seasonal range in the current quarter, but that overall sales would take a hit because of weakness in subsidiaries including Mobileye and its programmable chip unit, as well as revenue decreases from other businesses the company has spun off or sold. The company is the largest semiconductor maker by revenue, according to Gartner, a market research firm , even though its market cap puts it below Nvidia and AMD on Wall Street. Cloud providers and large tech companies, the big spenders, have been focused on the AI boom, which explains Nvidia's recent outperformance. In the past, the most important part in a server was the central processor made by Intel. Intel also continues to focus on a five-year plan implemented by Gelsinger, who took over the chipmaker in Intel wants to catch up to Taiwan Semiconductor Manufacturing Co. Intel said Thursday that it would restate past results under a new system where the company has to account for costs related to internal manufacturing of its own chips. Intel has been cutting costs through workforce reductions and offloading small parts of its business. In the past year, the company said it would spin off its programmable chip unit , after turning self-driving car subsidiary Mobileye into an independent company in Intel's largest division is its Client Computing group, which includes laptop and PC processor chips. The overall PC industry has been in a slump for two years, but recently started showing signs of growth again. Gelsinger said that demand for PC chips had "normalized," and that sales were strong in the gaming and commercial sectors. He added that Intel expects the total PC market to expand this year. Zinsner said that Intel expected its Data Center business to decline "double-digit" percentages sequentially in the first quarter versus the fourth quarter.

Home Stocks Intel-stock. IPO Calendar. Search markets.

Top Analyst Stocks Popular. Bitcoin Popular. Gold New. Unusual Options Activity Popular. Research Tools. Economic Indicators.

Intel is one of the largest semiconductor companies in the world and holds the lion's share of the PC and server processor markets. Intel encountered significant manufacturing delays in years past, and there is no guarantee that it can execute well in its aggressive aspirations to develop five process nodes in four years. Morningstar brands and products. Investing Ideas. As of Mar 8, pm Delayed Price Closed. Unlock our analysis with Morningstar Investor. Start Free Trial. Mar 8,

Intel stock news

Intel stock closed up 9. On Thursday, the chipmaker reported earnings per share of 41 cents, adjusted, versus the LSEG estimate of 22 cents. It marked Intel's seventh consecutive quarter of declining sales. The Friday boost was largely due to strong demand for PCs and management's ability to stay on course for a number of initiatives it had previously laid out for the company. Intel's premarket run also comes after shares fell earlier in the week in the wake of reports that Nvidia , which dominates artificial intelligence chips, plans to expand into PC chips via a partnership with Arm. Goldman Sachs analysts acknowledged that their expectations for Intel had been too cautious but added that they are concerned about Intel's future transformation and foundry business, which is the company's relatively new chip-manufacturing business. They also noted concerns over the company's data center wallet share. Morgan Stanley analysts expressed similar concerns. We expect the stock to offer tactically positive risk reward from here, as the ongoing market recovery will make investors receptive to any of the longer term positives," Morgan Stanley analysts wrote in a note to investors. They added that in the long run Intel's "roadmap is a show-me situation for large customers.

Retrogames cc

Skip Navigation. Volume 49,, Revenue or per share e. Insider Activity. Standard Deviation 0. Holthaus Michelle Johnston. Get more investment ideas with TipRanks Premium. The Mobileye segment develops driving assistance and self-driving solutions. Dividends Dividend Center. Close icon Two crossed lines that form an 'X'.

Intel INTC reported its third-quarter earnings after the bell on Thursday, which beat analysts' expectations on the top and bottom lines and provided Q4 guidance implying revenue growth for the first time since Intel, like its fellow chipmakers, is looking to capitalize on a rebound in a PC market that's been hamstrung by declining sales over the last two years. Add to that inflationary pressures and high interest rates, and PC sales plummeted.

Top Analyst Stocks Popular. IPO Calendar. Quick Ratio. Intel's largest division is its Client Computing group, which includes laptop and PC processor chips. Henry Alyssa. Find out more! Find out more! Outperform 1. Investing Ideas. Auto Loan Calculator. The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. Total Yield 1. Sector Technology. Revenue or per share e.