INTC - Intel Corporation
| Previous Close | 51.64 |
| Open | 51.93 |
| Bid | 52.57 x 1100 |
| Ask | 52.58 x 1000 |
| Day's Range | 51.83 - 52.65 |
| 52 Week Range | 42.36 - 59.59 |
| Volume | 3,875,907 |
| Avg. Volume | 20,877,583 |
| Market Cap | 233.195B |
| Beta (3Y Monthly) | 0.71 |
| PE Ratio (TTM) | 12.23 |
| EPS (TTM) | 4.30 |
| Earnings Date | Oct 24, 2019 |
| Forward Dividend & Yield | 1.26 (2.42%) |
| Ex-Dividend Date | 2019-08-06 |
| 1y Target Est | 53.13 |
- Reuters
UPDATE 1-Intel buys software business from Canada's Pivot Technology in 5G push
Intel Corp has agreed to purchase a software business from Toronto-based Pivot Technology Solutions Inc for $27 million, the U.S. chipmaker said on Tuesday. Intel said it would buy Smart Edge, a software that helps split up data and store it closer to users to make computing devices respond faster. The software is designed to run on Intel's chips, which are best known as the heart of most personal computers but which the company is aiming to sell into equipment for 5G, the next generation of wireless data networks that is being rolled out starting this year.
- Market Realist
Intel Stock Is Undervalued: What Should Investors Do?
Intel (INTC) stock fell 0.86% on Monday and closed at $51.64. The stock was trading 13.3% below its 52-week high of $59.59.
CNW GroupPivot Technology Solutions, Inc. Announces the Sale of Smart Edge™ to Intel and Enters into Preferred Partnership Agreement
TORONTO , Oct. 15, 2019 /CNW/ - Pivot Technology Solutions, Inc. (PTG.TO), ("Pivot", or the "Company"), a full-service information technology provider, is pleased to announce that it has entered into a definitive agreement to sell its Smart EdgeTM software business to Intel Corporation (INTC), ("Intel") for total consideration of $27 million USD , payable in cash. Pivot's dedicated Smart Edge employees, including Smart Edge CEO Bob Pike , will join Intel's Network and Custom Logic Group (NCLG) when the transaction closes.
- American City Business Journals
Interrupting bias in AI boils down to the data
The panel discussion, which featured an Intel engineer and data scientist, was part of the first Black Women in STEM summit held last week in Portland.
- Zacks
3 Large-Cap Tech Stocks to Buy in Q3 Earnings Season Amid Trade War Optimism
Associate Stock Strategist Ben Rains dives into some of the latest U.S.-China trade war updates, including President Trump's optimism. We then look at three large-cap technology stocks to consider buying during Q3 earnings season. - Full-Court Finance
- Barrons.com
Semiconductor Stocks Are Risky. Buy Xilinx Stock Anyway, Analyst Says.
Xilinx shares are climbing Monday after Nomura Instinet analyst David Wong raised his rating on the chip maker to Buy from Neutral, keeping his price target of $115.
- Benzinga
Apple, Microsoft And Semiconductors: Technology Sector Earnings Ahead
Throughout 2019, the Technology sector has been flying high as the top performing sector. Heading into Q4, Technology companies and investors alike have begun to show concerns over the macro environment, and that’s arguably starting to show up in the sector’s performance. Plus, they’re paying close attention to the US-China trade front where the market tends to swing on emotions day to day, with one headline bringing us up and another taking us down.
- InvestorPlace
Why Intel Stock Will Weather the Trade War Storm
Intel (NASDAQ:INTC) stock has had a tough time in 2019. While shares are up for the year, the stock has under performed its semiconductor peers. With the company losing CPU market share to Advanced Micro Devices (NASDAQ:AMD), it's no wonder investors have left INTC in the dust. In addition, the macroeconomic environment has not been friendly to INTC stock. Or to the chip space in general.Source: JHVEPhoto / Shutterstock.com While resumed trade talks have already resulted in "progress", investors remain skittish whether the U.S.-China trade fracas will lead to further headwinds for the chip space.But looking beyond these variables, Intel remains a solid stock to own. Selling at a low valuation, it offers value in a space dominated by speculative growth names. It pays a solid dividend, and has the cash flow to support it. While you may not see big gains from Intel, it may be a great blue chip opportunity. Let's take a closer look at Intel, and see why the stock may be a buy at today's price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel vs. AMDI believe the CPU wars are the most important factor when assessing Intel stock. While the trade war is a big risk, long-term AMD's purported recriminating of CPU market share threatens INTC's economic moat. Intel's dominant market share has given it pricing power and other advantages to ensure the stock remains a cash cow. But with AMD eating more of Intel's lunch, it seems that this gravy train could soon be over. * 7 Semiconductor Stocks to Buy Now But what is the truth behind the hype?It's no joke that AMD's Ryzen processors have been a game-changer. The success of this chip line has helped AMD seize more of Intel's CPU market share since 2017. AMD now has a staggering 30% market share of the CPU market. If this trend continues, AMD could reach market share it hasn't seen since the mid-2000s, when it had over 40% CPU market share.However, could this be but a short-term blip? Intel's market share losses are the result of their chip shortage. Their inability to adapt to 14-nanometre sized processor lead to supply issues. End-users simply switched from Intel to AMD.Perhaps AMD's market-share grab will taper off in the next few quarters. InvestorPlace's Ian Bezek believes so. In his Oct. 9 article, he pointed out how while AMD's market share has grown materially, it cooled off in the last quarter. However, as an aside, Bezek pointed out how Microsoft (NASDAQ:MSFT) partnering with Qualcomm (NASDAQ:QCOM) for chips in their Surface tablets highlights market share risk. Mobile chips have not been successful in the past when used in tablets. But with improvements in technology, mobile chip makers like Qualcomm now offer a compelling alternative to Intel's x86 CPUs. Despite Headwinds, INTC Stock Is UndervaluedIntel stock trades at a low valuation relative to most of its peers. INTC trades at a forward price-to-earnings (P/E) ratio of 11.6. The stock's enterprise-value-to-EBITDA (EV/EBITDA) ratio is 7.7. Here are the respective valuations of INTC's key competitors:AMD: Forward P/E of 27.8, EV/EBITDA of 64.7Broadcom (NASDAQ:AVGO): Forward P/E of 12, EV/EBITDA of 14Qualcomm: Forward P/E of 18.3, EV/EBITDA of 8.4Nvidia (NASDAQ:NVDA): Forward P/E of 26, EV/EBITDA of 40Texas Instruments (NASDAQ:TXN): Forward P/E of 5.9, EV/EBITDA of 3.1One thing to keep in mind is Intel's lack of long-term revenue growth. Analyst consensus estimates revenue will only grow from $69.4 billion in 2019 to $70.9 billion in 2020. Clearly, INTC stock is no growth play. But Intel stock more than makes up for in terms of return of capital to shareholders.INTC stock currently pays a 2.42% yield. While not the highest yielding blue-chip, it is otherwise a solid dividend. With a payout ratio of just 35.92%, there's plenty of room to grow this in coming years. The average 5-year growth rate for the dividend has been 5.92%. * 10 Tech Stocks to Buy Now for 2025 Along with dividends, Intel has bought back a lot of stock. For the first half of 2019, they repurchased $5.6 billion worth of shares alone. These buybacks are accretive to Intel shareholders, as they improve earnings-per-share over the long-term. Bottom Line: Intel Is a Solid Long-Term InvestmentThere's not much of a "play" with INTC stock. The company's main appeal is their cash-generating status and relatively low valuation. Key risks like competition and China may already be priced into shares. But if both of these issues accelerate, it does threaten the bull case for Intel stock.So what's the call? Are you looking for a solid dividend payer? Consider Intel stock. Are you looking for a contrarian chip play? Perhaps look elsewhere. Whether or not INTC maintains its moat, it is unlikely the company will see monumental revenue growth. Other chip names may offer this proposition.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Beverage Stocks to Buy Now * 10 Groundbreaking Technologies Created by Universities * 5 Semiconductor Stocks Worth Your Time The post Why Intel Stock Will Weather the Trade War Storm appeared first on InvestorPlace.
- InvestorPlace
AMD Stock Is Telling Two Different Stories
Advanced Micro Devices (NASDAQ:AMD) is expected to make their third-quarter earnings announcement on October 23, 2019. The chipmaker has been in the news for many reasons. Some of those reasons have been good and some not so good. And this good news, bad news dynamic shows up in the AMD stock price.Source: JHVEPhoto / Shutterstock.com The company's stock price is up for the year, but down significantly from its earlier highs. With conflicting information about its future direction, I expect investors to wait for the earnings announcement before making firm decisions on AMD stock. Advanced Micro Is Gaining Market Share with Several New DealsFirst, there is news that supports an increase in Advanced Micro Devices stock. In August, AMD announced that Microsoft (NASDAQ:MSFT) would be using the company's 15-inch processor in one of the latest versions of its Surface laptops. This isn't a move that analysts expect to generate significant revenue for AMD immediately. However it is the first step that Microsoft has taken away from Intel (NASDAQ:INTC).InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis followed on the heels of another major announcement from AMD in August. This is when the company announced that Alphabet (NASDAQ:GOOGL) and Twitter (NYSE:TWTR) would be using their second-generation EPYC chip in their data centers. This was another market share win over Intel. AMD Could Be a Victim of Apple's SuccessHowever, there are also reasons for investors to proceed with caution. One reason comes from Apple (NASDAQ:AAPL). Apple is experiencing better-than-expected sales of their new iPhones. Some analysts (and writers like me) thought customers would hold off because of the 5G lineup coming next year. However, Apple has told suppliers to boost production for all three phones by 10%. * 10 Super Boring Stocks to Buy With Super Safe Returns This is significant because, unlike Intel, AMD does not produce its own chips. However, AMD is enjoying a competitive edge over Intel by using 7-nanometer cores in its third-generation Ryzen (Zen 2) processor. Intel is not planning to release its own 7-nanometer chip until 2021.Because of this, PC makers have been turning to AMD for their business. However, if Apple needs 7-nanometer chips to accommodate demand for their new iPhone, then it's likely that AMD will experience delays that could give Intel time to catch up. Short Interest Is Predicting a Decline in the AMD Stock PriceFor the second time in two months, AMD stock is seeing a sharp increase in short interest. In fact, short interest for AMD is now at its highest point in 14 months. This would support the argument that institutional investors believe AMD shares are heading lower as the calendar year comes to an end.In the final two weeks of September, Bill Maurer, an analyst and contributor for Seeking Alpha, observed a rise in short interest of 26.5 million shares. This was the largest such jump for AMD stock since July 2015. Don't Expect Much Help from a Trade DealA potential piece of good news for AMD stock would come from a resolution of the U.S.-China trade war. Late last week, the U.S. and China were involved in high-level negotiations, which eventually led to a temporary truce.However, the consensus from the beginning is that a trade deal will provide a lift if the two superpowers can agree on the thorny issues surrounding intellectual property and Huawei. Trade restrictions have made U.S. chip suppliers unreliable for Chinese companies. A trade deal will only help that if these issues are part of a permanent deal, which seems unlikely. What Is the Market Expecting from AMD Stock?The market is projecting single-digit revenue growth for the year. While that may not sound impressive, you have to consider the context. AMD reported a significant decline in revenue during the first half of the year. Therefore, analysts are projecting Q4 revenue growth of 51% and 25% year-over-year revenue growth in 2020.Will AMD be able to live up to such elevated expectations? We'll start to find out when they release their Q3 earnings. Until then, I expect Advanced Micro Devices stock to stay in a fairly tight range.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post AMD Stock Is Telling Two Different Stories appeared first on InvestorPlace.
- Reuters
Trade war rejuvenates 'Silicon Valley' firms in Malaysia
Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it's hiring more workers, considering an expansion, and picking and choosing orders. Lee is the founder and CEO of Hotayi, whose two factories manufacture and assemble circuit boards and other electronics products.
- TheStreet.com
[video]Microsoft, Intel and Others Benefit from Better-Than-Expected Business PC Sales
Though CPU shortages are still an issue for the PC industry, an uptick in business PC demand is helping out a number of firms.
- Market Realist
Is Apple Expediting Its 5G iPhone Launch?
Recent reports hint that Apple could release its iPhone 5G modem by 2022. Today, Apple stock hit a high of $233.81, with a market cap of $1.054 trillion.
- Market Realist
Lisa Su Marks a Productive Five Years as AMD’s CEO
Today, Lisa Su completed five years as the CEO of AMD. In these five years, she's brought it back from near bankruptcy and made it into a worthy competitor.
- InvestorPlace
Prepare for an All-Out Graphics War With AMD Stock
In the battle for domination in the graphics niche, the prominent players are Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD), Micron (NASDAQ:MU) and Nvidia (NASDAQ:NVDA). Investors in AMD stock are betting on a company that's kept up with the competition through thick and thin, but there's no room for complacency in the tech war.Source: Sundry Photography / Shutterstock.com With new product releases to get excited about, Advanced Micro Devices stock holders can rest easy knowing that the company is still on the leading edge of the GPU (graphics processing unit) battlefront. But can AMD continue to push the boundaries and add value amid an uber-competitive tech landscape? Behold … AMD's Nvidia KillerThe GPU niche has grown considerably in recent years, with leading manufacturers leapfrogging past each other to make the fastest, most powerful devices on the market. To quote Columbia University's Michalis Polychronakis and co-researchers Giorgos Vasiliadis and Sotiris Ioannidis:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Super Boring Stocks to Buy With Super Safe Returns "Driven to a large extent by the ever-growing video game industry, graphics processors have been constantly evolving, increasing both in computational power and in the range of supported operations and functionality."Not long ago, it seemed as if the graphics-card battle had been won decisively when AMD came out with the Navi 10 GPU, which is hosted inside the company's RX 5700 graphics card series. Sporting a streamlined graphics engine, multi-level cache, and all-new compute units, the redoubtable Navi 10 offered the most seamless streaming and most powerful encoding to date.No wonder they called it the "NVIDIA Killer": the Navi 10's release was an event that delighted techies while giving the AMD stock price its nice little bump, at least temporarily. Moreover, the Navi 10 is a mid-tier offering, meaning that it's competitive not only in terms of raw performance, but also when measured via a performance-versus-price ratio.As if that weren't enough to knock out the competition, AMD plans to release its next-generation GPUs, known as the Navi 21 and Navi 23, in mid-2020. As a higher-end product, the Navi 23 in particular will feature improved performance and most likely a higher price point, and is very likely a direct response to Nvidia's similar RTX 2080 Ti. Buy AMD Stock to Win the Graphics RaceAMD keeps coming up with the best graphics cards and processors on the market, and a stake in Advanced Micro Devices stock is very likely to benefit from the company's ambitious vision and nearly flawless execution of that vision. Serious desktop gamers are practically drooling at the newly-released Radeon RX 5500, which is touted on the company's website as AMD's most evolved high-performance desktop-gaming GPU:"Powered by the groundbreaking 7nm RDNA architecture with Radeon Image Sharpening and Radeon Anti-Lagtechnology, Radeon RX 5500 delivers extremely efficient, ultra-responsive, high-fidelity gaming… The Radeon RX 5500 GPU powers high fidelity gaming for immersive explosions, physics, and lighting effects, bringing realism to life."If you're a gamer, that's probably music to your ears; if you're an AMD stock investor, hopefully you can at least appreciate the verve and the vividness of that description of the RX 5500. You see, desktop computers might seem old-fashioned in the era of the smartphone, but serious gamers take their desktop computers seriously -- and Advanced Micro Devices takes its graphics technology seriously too, in case you couldn't tell by now. The Takeaway on Advanced Micro Devices StockWhatever the future of gaming technology might bring, Advanced Micro Devices is bound to remain on the cutting edge and AMD stock should, if I'm correct in my assessment, be a solid performer amid a constantly evolving -- and seemingly never-ending -- war of the GPUs.As of this writing, David Moadel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post Prepare for an All-Out Graphics War With AMD Stock appeared first on InvestorPlace.
- Zacks
PC Shipment Rises in Q3: LNVGY, HPQ, DELL & AAPL in Focus
Per Gartner and IDC, PC shipment volumes in third-quarter 2019 expand owing to the Windows 10 refresh cycle.
- Market Realist
Intel-AMD GPU Partnership Ends with Kaby Lake-G
Intel (INTC) is discontinuing its Kaby Lake-G mobile CPUs and has initiated the EOL (end-of-life) process for the products.
- Zacks
3 Semiconductor Stocks to Buy in the Fourth Quarter of 2019
All three major U.S. indexes jumped Thursday on the back of some positive U.S.-China trade war news. Even if a deal isn't reached anytime soon the semiconductor industry seems sure to be a solid long-term play...
- Market Realist
Intel Xe Could Join AMD and NVIDIA GPUs in 2020
On Monday, AMD launched its lower-end, Navi-based, 7nm RX 5500 GPU. Intel (INTC) has given hints about its highly anticipated Xe GPU with ray tracing.
- PR Newswire
Chicago Quantum Summit to gather international experts
Industry and academic leaders from US, Australia, Canada, UK to share research, discuss workforce development and build toward a global quantum alliance CHICAGO , Oct. 10, 2019 /PRNewswire/ -- Top experts ...
- MarketWatch
Global PC shipments grow for second straight quarter amid tariff, supply issues
Global PC shipments grow for a second quarter in a row, even as the industry struggled with supply issues, according to trade research data Thursday.
- Bloomberg
Global PC Shipments Climb 1.1%; Lenovo Keeps Grip on Top Spot
(Bloomberg) -- Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.PC shipments climbed to 68 million units in the period that ended Sept. 30, researcher Gartner Inc. said Thursday in a report. Lenovo Group Ltd., the China-based owner of the ThinkPad lineup of professional devices, held almost 25% of the global market, widening its lead against U.S. rival HP Inc.Computer makers have been concerned by the U.S.-China trade war and Intel Corp.’s chip shortage, but Mikako Kitagawa, a Gartner analyst, said neither played a major role in the third-quarter shipments. “The Windows 10 refresh cycle continued to be the primary driver for growth across all regions,” she said in a statement.HP, the global No. 2, continues to be the largest PC vendor in the U.S. The company has sought customers seeking more expensive machines, such as gaming enthusiasts, to boost profit margins. Dell Technologies Inc., which focuses on selling corporate PCs, rounded out the global top three while Apple Inc. held the fourth spot with 7.5% of the worldwide market.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- InvestorPlace
5 Big Tech Stocks to Buy Now
Another day, another hopeful tweet on trade from President Trump that is helping boost the stock market. This time, it is word that China's vice premier would be visiting the White House to help ink a deal. Previous reporting suggested that discussions had broken down over intellectual property rights.And in another indication that this is all becoming habitual now, in reaction to the optimistic news, investors are pouring into big-cap tech stocks to ride the wave of sentiment higher. * 10 Lithium Stocks to Buy Despite the Market's Irrationality With that in mind, here are five big-cap tech stocks that are rallying nicely and worth a look today:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tech Stocks to Buy: Netflix (NFLX)Netflix (NASDAQ:NFLX) shares are trying to come back from the dead, bouncing off of multi-week support near the $260-a-share level in what is likely to be a challenge of the 50-day moving average. NFLX stock has lost nearly a third from the double-top highs it set earlier this year as the streaming wars intensify with Disney (NYSE:DIS) and Apple (NASDAQ:AAPL) getting in on the action. But a relief rally is in order now.The company will next report results on Oct. 16 after the close. Analysts are looking for earnings of $1.05 per share on revenues of $5.3 billion. Intel (INTC)Shares of processor maker Intel (NASDAQ:INTC) are bouncing nicely off of their 50-day and 200-day moving averages, setting up a run at double-top resistance near the $53-a-share level. A breakout here would put INTC stock's late April highs in play, which would be worth a gain of roughly 15% from here. * 10 Winning Stocks to Buy and Stick With for the Long Haul The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of $1.24 per share on revenues of $18 billion. Nvidia (NVDA)Nvidia (NASDAQ:NVDA) shares are rising nicely along its 50-day moving average, setting up a challenge of the April highs just under the $200-a-share level. NVDA stock has been on the comeback trail after the hype surrounding bitcoin and bitcoin mining -- which uses graphics processing units of the type NVDA specializes in -- died down in 2018. But with gaming and datacenter demand bouncing back according to Piper Jaffray analysts, shares should continue to push higher.The company will next report results on Nov. 14 after the close. Analysts are looking for earnings of $1.24 per share on revenues of $2.9 billion. Facebook (FB)Speaking of cryptocurrencies, Facebook (NASDAQ:FB) is trying to get in on that action with its Libra currency -- the future of which will depend on the success of CEO Mark Zuckerberg's testimony to Congress on the issue. As such, FB stock owners should mark their calendars for Oct. 23. * 10 Winning Stocks to Buy and Stick With for the Long Haul The company will next report results on Oct. 30 after the close. Analysts are looking for earnings of $1.91 per share on revenues of $17.3 billion. Microsoft (MSFT)Microsoft (NASDAQ:MSFT) has been the closest thing to a sure thing in this market, relentlessly grinding higher thanks to its success in pivoting to a software-as-a-service business, its push into the cloud and the ongoing traction of its hardware and gaming divisions. The company even recently announced a return to the cell phone business with its folding phone and tablet devices, all of which have firmly placed MSFT stock back in the spotlight among other tech stocks to buy.The company will next report results on Oct. 23 after the close. Analysts are looking for earnings of $1.25 per share on revenues of $32.2 billion.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 5 Big Tech Stocks to Buy Now appeared first on InvestorPlace.
