INTC - Intel Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
59.13
+0.32 (+0.54%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close58.81
Open59.19
Bid59.22 x 800
Ask59.33 x 1100
Day's Range58.97 - 59.81
52 Week Range43.63 - 69.29
Volume15,578,580
Avg. Volume24,943,570
Market Cap250.356B
Beta (5Y Monthly)0.80
PE Ratio (TTM)11.46
EPS (TTM)5.16
Earnings DateJul 23, 2020
Forward Dividend & Yield1.32 (2.23%)
Ex-Dividend DateMay 06, 2020
1y Target Est63.52
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
27% Est. Return
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  • Bloomberg

    Balkanization Is Bad for Facebook’s Business

    (Bloomberg Opinion) -- The internet, once a freewheeling global network, is becoming balkanized into national spheres of influence. This could be bad for both cross-cultural communication and U.S. tech companies.China has long protected its local internet, censoring speech behind what has become known as the Great Firewall. The government blocks U.S.-based services such as Google, Facebook and Twitter, and closely monitors the local Chinese versions. Other authoritarian and quasi-authoritarian countries -- Iran, Turkey, Pakistan, Vietnam, Ethiopia – do the same. And Russia recently passed a so-called sovereign internet law that makes it much easier for the government to monitor and control online content.Now democracies may be joining in. India just banned 59 of China’s largest internet apps, including social video sharing service TikTok, reflecting rising tensions between the two giant Asian countries. It has also shut off internet to regions experiencing government crackdowns or unrest, such as Jammu and Kashmir in 2019. In Europe, major rules such as the General Data Protection Regulation are forcing internet companies to operate differently in different regions. Though this doesn’t officially ban or censor U.S.-based sites like Facebook, it does present an obstacle that could end up inhibiting the flow of information.This was probably inevitable. Different cultures perceive concepts such as privacy differently. And as U.S. global hegemony gives way to a more multipolar world, countries are going to assert their sovereignty by refusing to play by U.S. rules. Further unrest, like the protests that rocked the world in 2019 or tensions between countries such as China and India, are likely to accelerate the trend towards digital division.This could be tough on U.S. tech companies. Facebook, Twitter, Instagram and YouTube don’t owe their profitability to superior technology, other than some techniques for managing large amounts of user data. They make money because they have a lot of eyeballs to which they can deliver advertisements.And they have those eyeballs because of network effects. It’s easy to make a Twitter clone -- Gab tried it a while ago, and a new entrant called Parler is trying it now. But it’s incredibly hard to get people to switch, because the first people who make the jump will find themselves mostly alone, with everyone they know and want to read still back on Twitter. Similarly, people use Facebook, Instagram, Snapchat, and other social media services because everyone else does.Captive advertising targets translate into enormous profits. Facebook, Inc., which dominates the social media landscape, has a profit margin that typically ranges between 20% and 40%. Its market cap as of early July was about $647 billion, or 2.6% of the entire S&P 500.Regional balkanization, though, slices through network effects. If services like Facebook are banned in some countries and heavily restricted in others, users will have less company. Most people’s contacts and friends will tend to be in the same country, but not all. And outright bans will cut some services off entirely from huge markets like China, while restrictions like GDPR will force them to invest in expensive localization.This is an unfortunate side effect of nationalism and unrest. But it’s also reason to worry about a technology industry whose profitability stems mostly from network effects, not know-how. Actual innovations, like Intel Corporation’s semiconductor manufacturing processes, Amazon.com, Inc.’s cloud computing systems, or Google LLC’s machine learning algorithms give these companies some clout:  if a country decides it doesn’t want to buy Intel’s chips, it will suffer a real economic penalty. But if a country decides to create its own Facebook clone, it will lose little, while Facebook’s American owners and workers will lose a lot.A free and open global internet may one day reemerge. In the meantime, U.S. companies and policy makers should think about how to invest in products whose value isn’t so subject to the whims of foreign authorities.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Zoom’s Newest Challenger: Budding Internet Tycoon Mukesh Ambani
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    Advanced Micro Devices (NASDAQ:AMD) stock rode out the novel coronavirus. But, after seeing shares rebound from their March sell-off lows, what's next for the CPU and GPU powerhouse? Right now, shares hold steady between $50 and $55 per share. Yet, what factors could move the needle? Conversely, what risks could send shares lower?Source: Joseph GTK / Shutterstock.com On one hand, you have several catalysts still in motion. Namely, strong end-user demand. But also, the company's continued success grabbing market share from rivals Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA).On the other hand, shares could easily dip from today's price levels. Valuation-wise, AMD remains "priced for perfection." That is to say, much of its potential is already priced into shares.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo far, the company has been able to keep investors happy. With the pandemic in a tailwind, not a headwind, strong growth continues. Yet, if the outbreak further impacts the economy, demand could fall, derailing the growth train for this "story stock."With this in mind, buying today doesn't look like a winning move. If you own it, it may be time to sell. If you haven't bought in yet, it may pay to stay away. Why AMD Stock Could Still Head HigherAdmittedly, I've been an Advanced Micro Devices "permabear." Yet, I can see why many continue to be highly bullish on this "too hot to touch" name. * 9 Florida Stocks to Avoid as Coronavirus Rates Spike As InvestorPlace's Chris Lau wrote Jun 26, strong gaming demand and market share growth remain major factors in this company's corner. The "stay-at-home" economy has been a boon for the video game industry. And that's a massive tailwind for the company's GPU business.Regarding market share growth, the company continues its rivals' lunch. As this commentator noted, AMD's Ryzen and EPYC product lines continue to gain at Intel's expense. 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With a forward price-to-earnings (P/E) ratio of 48.9, shares remain richly priced.Sure, Nvidia stock trades at a similar forward multiple (45.3). But, that doesn't tell us much whether shares are overvalued or not. With their strong growth prospects, both names trade at a tremendous valuation multiple to "dinosaur" Intel.Yet, it's tough to say its growth alone driving the rich multiples for both names. Or, if FOMO, along with momentum traders, are what's driving their respective high valuations.It's tough to call the top in overall markets, let alone individual stocks. But, it's easy to see that AMD stock is topping out, and that there's little share price upside left on the table.But plenty of downside. As InvestorPlace's Mark Hake wrote Jun 16, demand could cool off in the second half of 2020. If a recessionary environment continues, demand for electronic devices, gaming consoles, and cloud computing could taper off. And that will lower demand for AMD's chips by its end-users.That's not to say sales are going to contract. But it could mean growth takes a breather. And, if the company falls short of its 20%+ growth projections, expect shares to fall substantially lower from where they sit today. Get Out of AMD Stock Before The Tides TurnWith shares treading water for nearly three months, Wall Street can't decide if this stock should head higher or lower. But, weighing catalysts against risks, it seems shares are more likely to tumble than rally higher.The easy money's already been made by those who got in early. Those who bought in at today's high valuation? They could wind up holding the bag.Bottom line: if you bought at lower prices, it's time to cash out of AMD stock. If you haven't jumped in yet? Steer clear for now.Thomas Niel, contributor to InvestorPlace, has written single-stock analysis since 2016. As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post The Easy Money Has Already Been Made With AMD Stock appeared first on InvestorPlace.

  • Bloomberg

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    Thousands Stranded, Families Separated After Trump H-1B Decree

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Some had U.S.-born children who are American citizens enrolled in U.S. schools. Many have valid visas and assumed all they would need to get back in the country was a routine stamp in their passport.Narendra Singh, an Indian-born software architect who has lived in Dallas for nine years, took his family back to Kolkata, India, in February. Their return was delayed when the consulates closed and they were advised to wait out the worst of the pandemic. Now Singh is working remotely. His wife, a software engineer, lost her job in April. Their daughter, a U.S. citizen, was slated to start preschool in the fall, but they’ve been preparing her for the possibility that won’t happen. Singh, 36, said he knew there was always a chance of his visa not being extended, but assumed he was secure until his current visa was set to expire in 2022. “We took specialized jobs, we followed the rules, we got the visas,” he said. “I just feel betrayed.”Mili Widhani Khatter, 39, who has lived in the U.S. with her husband and two U.S.-born children for the past 12 years, flew back to Delhi, India, without her family to say goodbye to her dying mother. She hasn’t seen her children in nearly four months, and said her 2-year-old son has forgotten how to say “mama” since they’ve been apart. “This is the worst punishment you can give to a mom,” Khatter said. “It’s not humane.”Now families worry what another six months of uncertainty will do to their kids—and to the futures they thought they were charting. “I have a valid visa. I’ve been living in the Bay Area for eight years. I have a life there and a home there, and my husband is there,” Bhat said. “Will I ever be able to go back?”(Updates sixth paragraph with reaction from Indian companies. A previous version of this story corrected the people who were impacted by the order.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Intel and the International Olympic Committee to Provide Support Services to Athletes Worldwide
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