|Bid||37.26 x 100|
|Ask||37.30 x 900|
|Day's Range||36.80 - 37.33|
|52 Week Range||33.23 - 38.45|
|PE Ratio (TTM)||14.12|
|Dividend & Yield||1.09 (2.95%)|
|1y Target Est||N/A|
Intel CEO Brian Krzanich explains that wearables just aren't scaling but AI is.
Shares of Intel Corporation (NASDAQ:INTC) have a 2% rally year-to-date. This stands despite the fact that semiconductors as a group and represented by the VanEck Semiconductor ETF (NYSEARCA:SMH) are higher by nearly 29% and that INTC stock with about 9% weight is the second-largest holding of the SMH ETF. Over the past week or so in this column, I have continually highlighted the renewed emerging relative and absolute strength from semiconductor stocks, which are further supported by a still bullish technology sector.
As Google and Apple appeal heavy fines imposed by Brussels regulators, European governments are now proposing to tax tech giants based on their revenue rather than their profits.