|Bid||12.5900 x 16600|
|Ask||12.6000 x 11600|
|Day's Range||12.1700 - 12.6800|
|52 Week Range||9.6700 - 15.6500|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Intel Corporation (NASDAQ:INTC) stock is trying to claw back some of the ground lost earlier this year, when two key design flaws affecting Intel CPUs were discovered. INTC stock already had pulled back modestly from a 17-year high above $47 reached in mid-December. INTC stock then fell another 9% between Jan. 2 and Jan. 10, before recapturing nearly half of those losses over the past few sessions.
Hey, AMD stock is even higher than rival, NVIDIA Corporation (NASDAQ:NVDA), which has gained 13%. Now the recent strength in AMD has much to do with the stumble from Intel Corporation (NASDAQ:INTC), whose chips have notable flaws that could allow hackers to access passwords. Wall Street reacted quickly, with INTC stock dropping over 6%.
Intel confirmed that patches for the security flaws can cause higher-than-expected reboot rates in Ivy Bridge, Sandy Bridge, Skylake and Kaby Lake processors, said Navin Shenoy, general manager of the data center group, in a statement on Intel’s website. Last week, Intel said it had received reports that its security patches were causing problems in systems with its older Broadwell and Haswell chips.
A leading Intel executive spoke at the recent conference after a major security flaw came to light. Here’s what he wants you to know.
A U.S. lawmaker from California this week asked Intel Corp., Advanced Micro Devices and Softbank-owned Arm Holdings to give him a briefing on the Spectre and Meltdown chip flaws affecting tens of millions of computers, servers and smartphones. “The Spectre and Meltdown vulnerabilities are glaring warning signs that we must take cybersecurity more seriously,” wrote Rep. Jerry McNerney, a Democrat who serves much of the Central Valley.
In light of recent gaffes from the likes of Chipotle Mexican Grill, Inc. (NYSE:CMG), Equifax Inc. (NYSE:EFX) and United Continental Holdings Inc (NYSE:UAL), it’s not as if Intel Corporation (NASDAQ:INTC) didn’t know what to expect (and what to do about) the recent revelation that most of its computer processors were vulnerable to some rather nasty hacking. How the company responded to it is fair game for judgment, whether or not you own INTC stock. With that as the backdrop, here’s the report card of what Intel did well and didn’t do well in response to the Spectre and Meltdown dust-up.
Chip-maker Advanced Micro Devices, Inc. (NASDAQ:AMD), who has had a red-hot start to 2018, didn’t have a great close at the end of last week. Just a few days before, AMD stock was bouncing on news that chips from competitor Intel Corporation (NASDAQ:INTC) were susceptible to a security flaw called Spectre. AMD said the exploit poised a “near-zero” risk to its chips, so AMD stock popped on the thought that customers would migrate from Intel to AMD for security purposes.
A Democratic U.S. lawmaker asked Intel Corp and two other microchip makers on Tuesday to provide a briefing on the recently detected Spectre and Meltdown security flaws that could allow hackers to steal information from most computers and devices. "I am looking to better understand the nature of these critical vulnerabilities, the danger they pose to consumers, and what steps your companies plan to take to protect consumers," California Representative Jerry McNerney wrote to the chief executives of Intel, Softbank-owned Arm Holdings and Advanced Micro Devices. “The security of our customers’ systems and data is a top priority for Intel," the Santa Clara-based company said in a statement to Reuters.
The semiconductor space is off to a "fun start" to the new year with the Spectre and Meltdown exploits at front and center, according to Bernstein. The Analyst Bernstein's Stacy Rasgon and three ...
Despite being drenched and briefly thrust in to darkness, the largest annoyance for many top tech executives at CES was the shadow of Spectre.
Chips from AMD, Intel and Nvidia are powering newer technologies such as artificial intelligence, machine-learning and automation. AMD expects to stay ahead of the competition with aggressive pricing, performance improvements and a renewed focus on computer processors and graphics chips.
Intel (INTC) could start reaping the benefits of its efforts in new markets in 2018. Other than the new markets, it could continue to grow in its dominant market of PC (personal computer) as well. 2018 could see the launch of the long-awaited 10-nm (nanometer) node, which would make Intel the leading manufacturing technology provider and bring significant performance improvements. Although Intel demonstrated the performance of the 10-nm Cannon Lake desktop at the CES (Consumer Electronics Show) 2017, no information was revealed about the 10-nm node.
In case you missed it, here are some of Benzinga's top stories from Friday, Jan. 12, 2018. Facebook Stock Has Worst Day Since September After an announcement from Facebook Inc (NASDAQ: FB ) that its news ...
Wall Street continued its rally on Friday as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove gains for consumer stocks. All three major indexes were ...
It was initially perceived as a big opportunity for Advanced Micro Devices, Inc. (NASDAQ:AMD). Indeed, for a few days AMD stock rallied on reports that a massive swath of computer processors from rival Intel Corporation (NASDAQ:INTC) were critically vulnerable to hackers — flaws that came to be known as Spectre and Meltdown — that wouldn’t impact Advanced Micro Devices’ chips. As it turns out, however, CPUs made by AMD are no less flawed.