NasdaqGS - Nasdaq Real Time Price USD

Intel Corporation (INTC)

35.11

+0.61

(+1.77%)

At close: April 25 at 4:00 PM EDT

32.26

-2.85

(-8.12%)

Pre-Market: 8:19 AM EDT

Intel's chip sector strength is undiminished: Strategist

Shares of Intel (INTC) are lower in after-hours trading on Thursday after the company posted its first-quarter earnings, revealing a revenue of $12.72 billion, a gain of 8.8% year-over-year. Revenue narrowly beat estimates of $12.71 billion, however, the company missed out on estimates for its second-quarter forecast, placing revenue between $12.5 billion to $13.5 billion against an expected $13.63 billion. While Intel may be down, some still believe the chipmaker is certainly not out. The Futurum Group Chief Market Strategist Cory Johnson joins Market Domination Overtime to discuss Intel's earnings and how the company may still be able to turn it around. Johnson elaborates on why Intel is in such a strong position: "They have received more money from the CHIPS Act than anyone else out there, so they are in a really strong position building out their facilities all over the country, particularly in Columbus, Ohio... They are clearly pushing ahead really fast... that is good for the foundry business... The foundry business ultimately is going to be very difficult to do, but they're pushing ahead at really having cutting-edge foundry services and as you mentioned, in the angstrom levels at the real cutting-edge, which we haven't had in this country for many, many years." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

Yahoo Finance Video 14 hours ago

INTC
+1.77%
These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Meta, Exxon, AbbVie, Skechers, and More

Alphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Exxon Mobil’s earnings miss estimates.

Barrons.com 31 minutes ago

GOOG
-1.96%
MSFT
-2.45%
INTC
+1.77%
20 Richest Billionaires in Telecommunications

In this article, we will look into the 20 richest billionaires in telecommunications. If you want to skip our detailed analysis of the telecommunications market, you can go directly to the 5 Richest Billionaires in Telecommunications. Telecom Industry: Rising Market Trends and Startups The global telecommunication market saw a growing trend of adoption of technologies […]

Insider Monkey 32 minutes ago

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SKM

DTEGY
Here's Why Intel (NASDAQ:INTC) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Simply Wall St. 1 hour ago

INTC
+1.77%
Intel falls as weak PC chip demand hurts second-quarter forecast

The stock has fallen around 30% so far this year as Intel trails rival chip companies like Nvidia in producing advanced artificial intelligence (AI) chips and components. Intel forecast second-quarter revenue of $12.5 billion to $13.5 billion, compared with analysts' average estimate of $13.57 billion, according to LSEG data. Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories.

Reuters 1 hour ago

INTC
+1.77%
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Friday; Snap, Alphabet to Open Higher

Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Friday; Snap, Alphabet to Open Higher

PREMIUM
MT Newswires 1 hour ago

INTC
+1.77%
MSFT
-2.45%
GOOG
-1.96%
Trending tickers: Alphabet, Intel, Microsoft, Amazon and Anglo American

The latest investor updates on stocks that are trending on Friday.

Yahoo Finance UK 3 hours ago

AAUKF

NGLOY

MSFT
-2.45%
Intel Corp (INTC) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges ...

Despite mixed financial results, Intel outlines robust strategies for AI integration and market recovery in the latter half of 2024.

GuruFocus.com 4 hours ago

INTC
+1.77%
Why Are Shares of Intel Stock Crashing After Earnings?

Intel stock dropped 9% after the company reported Q1 earnings. Is it a buy right now?

Motley Fool 4 hours ago

INTC
+1.77%
Intel (INTC) Q1 2024 Earnings Call Transcript

INTC earnings call for the period ending March 31, 2024.

Motley Fool 11 hours ago

INTC
+1.77%
Intel Slides After Tepid Forecast Shows Comeback Challenges

(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Aus

Bloomberg 13 hours ago

INTC
+1.77%
Intel Stock Drops As Chipmaker Guides Below Views For Q2

Chipmaking giant Intel beat Wall Street's earnings target for Q1 but guided below estimates for the current quarter.

Investor's Business Daily 14 hours ago

INTC
+1.77%
Here's What Key Metrics Tell Us About Intel (INTC) Q1 Earnings

While the top- and bottom-line numbers for Intel (INTC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks 14 hours ago

INTC
+1.77%
Intel CEO: Guidance Miss Reflects Slightly Soft Demand. He's Bullish on the Second Half.

Intel CEO Pat Gelsinger said the company's disappointing financial guidance reflects some overall weakness in market demand. Intel is projecting June-quarter revenue of $12.5 billion to $13.5 billion with an adjusted profit of 10 cents a share.

Barrons.com 15 hours ago

INTC
+1.77%
Intel Shares Slip as June Quarter Guidance Comes in Light

Intel shares are headed lower in late trading Thursday after the chip maker posted mixed financial results for the March quarter along with June quarter guidance that fell shy of Street estimates. For the March quarter, Intel reported revenue of $12.7 billion, up 9% from a year ago, in the middle of the company's guidance range of $12.2 billion to $13.2 billion, and just short of the consensus as tracked by FactSet of $12.8 billion. Adjusted profits of 18 cents a share topped the Street consensus at 14 cents.

Barrons.com 16 hours ago

INTC
+1.77%
No Surprises In Intel's (NASDAQ:INTC) Q1 Sales Numbers But Stock Drops on Weak Guidance

Computer processor maker Intel (NASDAQ:INTC) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 8.6% year on year to $12.72 billion. On the other hand, next quarter's revenue guidance of $13 billion was less impressive, coming in 4.4% below analysts' estimates. It made a non-GAAP profit of $0.10 per share, improving from its loss of $0.04 per share in the same quarter last year.

StockStory 16 hours ago

INTC
+1.77%
UPDATE 1-Intel forecasts second-quarter revenue below estimates

Intel forecast second-quarter revenue and profit below market estimates on Thursday, as it faces weak demand for its traditional data center and personal computer chips amid efforts to build its contract manufacturing business. Enterprises have prioritized spending on advanced and speedy AI server chips, hurting demand for Intel's central processing units (CPUs), which have been the mainstay chip powering data centers for decades. According to analysts, a surging demand for graphics processing units (GPUs) useful for AI applications has reduced the appetite for CPUs, which are Intel's main product.

Reuters 16 hours ago

INTC
+1.77%
NVDA
+3.71%
Intel Reports First-Quarter 2024 Financial Results

SANTA CLARA, Calif., April 25, 2024--Intel Corp. releases its first-quarter earnings report for fiscal year 2024.

Business Wire 16 hours ago

INTC
+1.77%
Biden Keeps Doling Out Billions to Chipmakers. Here’s What Really Matters.

Despite nearly $28 billion in subsidies flowing to chip companies, AI remains the industry’s kingmaker.

Barrons.com 16 hours ago

MU

INTC
+1.77%
TSM
Intel Spinoff Mobileye Revenue Falls Amid Supply Chain Reset, CEO Optimistic About Recovery

Mobileye Global Inc (NASDAQ:MBLY) reported a fiscal first-quarter 2024 revenue decline of 48% year-on-year to $239.00 million, beating the consensus of $231.56 million. Adjusted EPS of $(0.07) missed the consensus loss of $(0.06). “The financial results in the first quarter reflect a supply chain reset as the excess inventory held by our customers is consumed. We are encouraged that the inventory drawdown and associated recovery in revenue appears to be on-track to what we laid out in January,”

Benzinga 20 hours ago

MBLY

INTC
+1.77%

Performance Overview

Return	INTC	S&P 500
YTD	-29.92%	+5.84%
1-Year	+20.03%	+22.03%
3-Year	-35.51%	+20.77%

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Intel Corporation (INTC)

Intel's chip sector strength is undiminished: Strategist

These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Meta, Exxon, AbbVie, Skechers, and More

20 Richest Billionaires in Telecommunications

Here's Why Intel (NASDAQ:INTC) Has A Meaningful Debt Burden

Intel falls as weak PC chip demand hurts second-quarter forecast

Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Friday; Snap, Alphabet to Open Higher

Trending tickers: Alphabet, Intel, Microsoft, Amazon and Anglo American

Intel Corp (INTC) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges ...

Why Are Shares of Intel Stock Crashing After Earnings?

Intel (INTC) Q1 2024 Earnings Call Transcript

Intel Slides After Tepid Forecast Shows Comeback Challenges

Intel Stock Drops As Chipmaker Guides Below Views For Q2

Here's What Key Metrics Tell Us About Intel (INTC) Q1 Earnings

Intel CEO: Guidance Miss Reflects Slightly Soft Demand. He's Bullish on the Second Half.

Intel Shares Slip as June Quarter Guidance Comes in Light

No Surprises In Intel's (NASDAQ:INTC) Q1 Sales Numbers But Stock Drops on Weak Guidance

UPDATE 1-Intel forecasts second-quarter revenue below estimates

Intel Reports First-Quarter 2024 Financial Results

Biden Keeps Doling Out Billions to Chipmakers. Here’s What Really Matters.

Intel Spinoff Mobileye Revenue Falls Amid Supply Chain Reset, CEO Optimistic About Recovery

Performance Overview