|Bid||47.04 x 1800|
|Ask||47.05 x 2900|
|Day's Range||46.85 - 48.41|
|52 Week Range||42.04 - 57.60|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||14.64|
|Forward Dividend & Yield||1.20 (2.51%)|
|1y Target Est||N/A|
Intel’s loss, it seems, is North’s game. As first noted by The Verge, the startup has picked up the “technology portfolio” behind Vaunt, the AR glasses shuttered by the chipmaker in April year after a couple of glowing previews. North (nee Thalamic Labs) debuted its own take on the category around six months after Intel abandoned its efforts.
Intel and ESL have been esports buddies for years, but they're deepening that commitment as 2018 winds to a close. Intel will provide the computing power for both the gaming rigs and the servers behind the scenes, but it'll also use this as an opportunity to test up-and-coming technologies. The arrangement will add a new tournament to the mix and turn an Intel Extreme Masters event in China into its own stand-alone affair.
Micron Technology’s (MU) earnings are important for its investors as well as Intel (INTC) and NVIDIA’s (NVDA) investors. Micron supplies PC and server DRAM (dynamic random access memory) to Intel and GDDR (graphics double data rate DRAM) chips to NVIDIA’s gaming GPUs (graphics processing units). Micron was the launch partner of NVIDIA’s latest RTX GeForce gaming 2080 Ti and 2080 GPUs.
Intel's manufacturing facility in Oregon is where the company develops new techniques that are then carried to the rest of the production operation.
Previously in this series, we saw that Micron Technology’s (MU) stock has fallen 35% since September 1, offsetting its eight-month rally at the start of the year. At Credit Suisse’s 22nd Annual Technology conference, Micron CEO Sanjay Mehrotra stated that he expects to report revenue and EPS near the lower end of Micron’s guided ranges of $7.9 billion–$8.3 billion and $2.88–$3.02, respectively. The guidance was already below analysts’ consensus estimate, and Mehrotra’s comments encouraged analysts to further slash their earnings estimates for Micron.
Micron Technology (MU) is scheduled to release its earnings for the first quarter of fiscal 2019 on December 18. For Micron investors, the first quarter is the most awaited earnings. The earnings should answer investors’ fears about the memory industry downturn. In the upcoming earnings, investors should watch for two figures.
Intel (INTC) is likely to sell off McAfee business, which it co-owns with TPG Capital per a CNBC report. The latter holds a majority stake of 51%.
The analyst report comes after CNBC said on Friday that Thoma Bravo might ditch efforts to buy Symantec in favor of buying McAfee instead.
Intuit (INTU) recently revamps QuickBooks ProAdvisor Program to make it more rewarding for accounting professionals' participation.