INTC - Intel Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
46.13
-0.06 (-0.13%)
At close: 4:00PM EDT
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Previous Close46.19
Open46.14
Bid0.00 x 4000
Ask0.00 x 800
Day's Range45.80 - 46.53
52 Week Range42.36 - 59.59
Volume12,643,343
Avg. Volume23,677,054
Market Cap206.524B
Beta (3Y Monthly)0.60
PE Ratio (TTM)10.41
EPS (TTM)4.43
Earnings DateJul 25, 2019
Forward Dividend & Yield1.26 (2.86%)
Ex-Dividend Date2019-05-06
1y Target Est52.72
Trade prices are not sourced from all markets
  • Repeated Mistakes Are Bound to Haunt Intel Stock
    InvestorPlace6 hours ago

    Repeated Mistakes Are Bound to Haunt Intel Stock

    Intel (NASDAQ:INTC) stock is cheap. The Intel stock price sits at just over 10 times earnings. Combined with a 2.7% dividend yield, there's a value case for INTC stock at current levels.Source: Shutterstock But I've been skeptical about that case for some time -- and recent developments don't change my mind. Fundamentally, Intel stock looks cheap. As a business, however, there are plenty of reasons why that is, and should be, the case. Fundamental Concerns for INTC StockIntel stock was rolling not all that long ago. As of mid-April, the Intel stock price had risen nearly 30% in 2019 alone. And then first-quarter earnings sent the stock plummeting. INTC stock dropped 9%, wiping out some $23 billion in market value. * 7 Top-Rated Biotech Stocks to Invest In Today The catalyst was reduced guidance for 2019. Analysts and investors had been looking for a rebound in the second half of the year, after what looked like an early-year pause in datacenter spending. Intel's guidance undercut that case.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIntel followed up a little over two weeks later with its three-year outlook -- and that, too, disappointed. Intel is looking for flat sales in PCs -- which investors might see as overly optimistic. Gross margins are going to be pressured amid Intel's 10nm ramp. Three-year revenue growth, on the whole, even with double-digit growth in datacenter, is supposed to be in the low single digits.It's worth remembering that in both cases, INTC stock fell -- and not because of investor overreactions. The guidance is coming from Intel itself and, in combination, it suggests that Intel's growth is going to be rather meager for three years. Cyclical semiconductor stocks with minimal growth aren't going to see big earnings multiples, which, alone, suggests that the Intel stock price at least is in the right ballpark. How Many Mistakes?There's a broader problem with the disappointing guidance, however. It's difficult for investors to trust Intel at this point, after a series of missteps. As Dana Blankenhorn pointed out last month, Intel is four years late in 10nm; Taiwan Semiconductor (NYSE:TSM) already is at 7nm.Last year, it was discovered its chips were susceptible to hackers. This year, chip shortages have put its datacenter lead at risk, allowing Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) to take share in a market that Intel once dominated.In CPUs, Intel seems at risk as well. AMD's new Ryzen line has been a hit. Intel's shortages are frustrating customers like Dell Technologies (NASDAQ:DELL). Intel's long dominance in PCs may have allowed it to rest on its laurels; it does not, at the moment, have an answer for AMD's rise.So, can investors trust that PC revenue is going to stay flat -- when AMD clearly is taking market share? Is datacenter revenue going to rise double-digits every year when Intel can't keep up with even slower demand? Guidance was disappointing -- and it looks far from certain Intel will be able to even meet its projections.The fundamentals don't look great. The qualitative aspects look even worse. Nvidia and, in particular, AMD clearly are taking share. Intel not only doesn't have an answer right now, it actually seems to be shooting itself in the foot. Given trade war concerns and overall chip weakness, there are plenty of reasons for investors to be worried. The Intel Stock Price Can Get CheaperAll told, it's not a surprise that Intel stock has fallen so far. Indeed, it wouldn't be surprising if Intel stock fell further. 2019 expectations clearly are at risk. 2020 and 2021 growth doesn't look particularly impressive. In a chip space with no shortage of cheap stocks -- think Broadcom (NASDAQ:AVGO) and Qualcomm (NASDAQ:QCOM), to name two -- INTC hardly looks like an attractive pick. * 10 High-Yield Monthly Dividend Stocks to Buy Admittedly, that could change. But it requires that Intel start fixing its mistakes -- and start improving its products. It seems we're still a ways off on both fronts. Until then, INTC is likely to trade sideways at best.As of this writing, Vince Martin has a bullish options position in Dell Technologies. He has no positions in any other securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post Repeated Mistakes Are Bound to Haunt Intel Stock appeared first on InvestorPlace.

  • Bloomberg9 hours ago

    Solving the 'Edge Computing' Puzzle Will Make Your TV Smarter

    (Bloomberg) -- Since Japan launched its first deep space probe in 1985, the photographs have been taken in a relatively low-tech way, by pointing cameras at objects in the cosmos and letting them run. Whatever is captured gets sent back to Earth, where people cull the material for the most beautiful shots.Problem is, this dragnet approach uses up precious bandwidth and batteries. So Japan’s space agency is experimenting with a camera that’s more discriminating: It decides which pics have the best light, angle and composition, and beams back only those. Using artificial intelligence on powerful, large computers? That’s no big deal. But it’s a lot harder on a tiny spacecraft with its serious energy constraints.Enter LeapMind Inc., a Tokyo company specialized in “edge computing,” or running computations not on a central server or even a PC, but on remote devices with limited processing power and no internet connection. The idea is to bring AI to traffic lights, security cameras, home appliances—or even the odd space probe.Artificial intelligence can do amazing things, but it’s still rare because the math takes enormous computing power and loads of electricity. This means driverless cars must be something akin to data centers on wheels, with dozens of processors that can get hot enough to boil water. Edge computing promises to make AI work inside the thousands of smaller gadgets and machines in people’s homes and offices.“The hurdles to putting AI in actual products are really high,” said LeapMind’s founder, Soichi Matsuda, 36. “There are all kinds of severe limitations: price, power-consumption, dealing with exhaust heat.”LeapMind is just one of dozens of companies working on edge computing. Google and Amazon.com have led the way, but last year venture capital firms invested about $750 million in startups working in the field, according to CB Insights, up 26% from the previous year. In 2017, a group led by Intel Capital invested $10 million in LeapMind.They’re all seeking to drastically simplify the way AI works, so that everyday devices can take voice commands, respond to gestures and see the world around them. The technology would enable a home security camera to tell family members from strangers or allow sensors sewn into clothing to track your health, without sending private information to the cloud.“Edge AI is becoming more and more important, especially in areas where latency, power consumption, connectivity and security matter,” said Anthony Lin, senior managing director at LeapMind investor Intel Capital.In order to understand what makes edge computing so difficult, it helps to recall your high school algebra. Each variable in a typical AI algorithm is built out of a 32-digit string of ones and zeros that allows for 4.3 billion possible combinations. (They look like this: 0010001001000.0000101001000010110.) The detail is what gives AI its predictive power.The trick in edge computing is shaving down the numbers so they can be processed by smaller chips, but without losing too much precision. It’s a challenge because for every digit that’s lopped off, there’s an exponential loss in expressiveness.This is why even the smallest achievements in edge computing are treated as major victories. In March, for example, when Google announced it finally managed to get a speech-recognition function to run offline on its smartphones, at least one Google engineer called the effort “heroic.” For most users the difference is probably unnoticeable, but making it work without being connected to the internet required chopping the program’s variables down from 32 to 8 digits, or bits.LeapMind is working at a level that’s orders of magnitude smaller, just 1 or 2 bits, according to Matsuda. It’s the computer science equivalent of boiling the English language down to just four words and somehow still being able to convey a lot of meaning.“When we started working on this in 2015, we knew that someone like Google would eventually do 8 bits,’’ Matsuda said. “So we had to aim higher.’’The techniques developed by LeapMind are sufficient for many, but not all tasks. You couldn’t run a driverless car with them, for example. But they’d be useful for driver-assist functions or other less-exacting work.Which brings us back to the space agency’s photography problem.As it stands, JAXA’s probes can’t devote scarce computing power to getting visually-pleasing photos, no matter how valuable they are for PR purposes, because it would come at the expense of doing actual science. The photos that the public sees now have been taken in the process of doing other work, not specifically for their beauty.That’s why JAXA researcher Takayuki Ishida decided to try using LeapMind’s tools to build a smart camera. He started by taking 10,000 photos of planet and probe models, shot from different angles and with different juxtapositions, and ranking them in terms of aesthetic appeal.Then he used LeapMind’s software to create a pattern-matching algorithm that learned to differentiate between good photos and bad ones. The code was compact enough to run on a single chip that consumed no more electricity than a 10-watt light bulb.JAXA declined to comment, but Ishida described his experiments in a paper he presented at a February conference held by LeapMind.If the system works, it would be a small step forward for space exploration and perhaps a big leap for everyday devices closer to home.“If you want to add AI to a television or a laptop or any other existing product, you have to re-design things from scratch because most of the power supply is already spoken for,’’ said LeapMind’s Matsuda. “Power is the big constraint.’’To contact the reporter on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Jason Clenfield, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Intel Puts Broadcom on Notice
    Market Realist9 hours ago

    Intel Puts Broadcom on Notice

    Intel (INTC) is acquiring networking technology startup Barefoot Networks. Although the financial terms of the deal have not been disclosed, what is obvious is that the deal opens a path for Intel to diversify its chips business and move into the chip technology market.

  • Intel's Ignite Program to Boost Innovation in Israel Startups
    Zacks10 hours ago

    Intel's Ignite Program to Boost Innovation in Israel Startups

    Intel (INTC) is introducing Ignite program in Israel this year with an aim to encourage innovation in technology startups.

  • Intel and Apple Working Out a Deal
    Market Realist11 hours ago

    Intel and Apple Working Out a Deal

    Apple is in talks with Intel (INTC) about purchasing the chip company’s smartphone modem business, according to a report from The Information citing people familiar with the matter. Intel said in April that it would exit the smartphone modem business, and it later announced its intention to sell the business.

  • The 5 Worst Dow Jones Stocks So Far in 2019
    InvestorPlace11 hours ago

    The 5 Worst Dow Jones Stocks So Far in 2019

    The Dow Jones Industrial Average has gained nearly 12% so far in 2019. It doesn't seem like a whole heck of a lot, but considering the topsy-turvey markets of 2019, it's a pretty strong lift. That gain was driven by the majority of the Dow 30 as most of the stocks in the DJIA index contributed to its postive year-to-date gain.Microsoft (NASDAQ:MSFT) is the biggest winner of the bunch, gaining more than 30%. But owing to the odd price-weighted nature of the index, it's likely Visa (NYSE:V), with a 28% gain and a higher share price, that has been the biggest driver behind the Dow's gains.Not every component of the Dow Jones today has had a strong year, though. Five of the index's 30 stocks have declined so far this year. But not all of them make the list of the five worst Dow Jones stocks in 2019, which we'll recount in greater detail going forward.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top-Rated Biotech Stocks to Invest In Today For reasons that go beyond pure performance, these five components have had the roughest year so far, which means they have the most to prove in the second half of 2019. Walgreens (WBA)Source: Mike Mozart via FlickrWalgreens (NASDAQ:WBA) is the easiest pick on the list. That's somewhat ironic considering that Walgreens is one of the index's newest members, replacing General Electric (NYSE:GE) just last year. WBA stock far and away has had the worst performance in 2019: its 22.6% decline is almost exactly twice as steep as that of the index's second-biggest decliner. WBA touched a five-year low late last month before a modest rally in recent weeks.As I wrote in April, disappointing store-level execution clearly has been a factor. But what might be more worrisome for WBA is that the entire retail pharmacy industry seems to under threat. Shares of rival CVS Health (NYSE:CVS), too, have touched a multi-year low.Smaller Rite Aid (NYSE:RAD) continues to plunge, with a hefty debt load adding to the pressure. Front-end sales aren't growing, and in pharmacy higher generic prices are compressing already-thin margins.WBA stock is cheap, now at less than 9x forward earnings. But right now, Walgreens looks a lot like most other retailers - and that will have to change for Walgreens stock to reverse its performance in not only 2019, but the last few years. Dow Inc. (DOW)Source: Roy Luck via Flickr (modified)It's a little unfair to put Dow Inc. (NYSE:DOW) on this list. DOW shares actually have gained 6% since they were spun off from what is now (again) DuPont (NYSE:DD) on April 1st.But DOW is part of the DowDuPont spinoff, a hugely complicated financial engineering project that was supposed to create real value for shareholders. It hasn't happened. DWDP shareholders received one share of Corteva (NYSE:CTVA) and one share of DOW for every three DowDuPont shares they owned. At current prices, that totals about $50 in value. DWDP shares closed 2018 near $54 - after declining 25% last year.This was a case where many value investors saw significant upside. Yet trade war concerns and post-spin trading have led DWDP to destroy value, at least so far. DOW and its former siblings still have time, and room, to rally. But a lot of smart investors likely see the YTD performance as among the most disappointing in their portfolios. Intel (INTC)Source: Shutterstock Performance-wise, Intel (NASDAQ:INTC) hasn't been a bad stock in 2019. It's underperformed the market, but a 0.5% decline actually turns very slightly positive when accounting for dividend payments.Still, 2019 hasn't been a good year for Intel. It's suffering chip shortages. It's still behind in 10nm -- and about four years late. Rival Advanced Micro Devices (NASDAQ:AMD) is gobbling up market share in CPUs. Apple (NASDAQ:AAPL) settled with Qualcomm (NASDAQ:QCOM) in large part because Intel couldn't move quick enough to get the iPhone to 5G.Intel still is a behemoth in the chip space, and the company still has time to right its ship. With INTC stock at barely 10x earnings, there's upside if and when that happens. But the company's performance so far this year inspires little confidence, which has been much weaker than a flattish stock price would imply. 3M (MMM)Source: Shutterstock The 11.4% decline in 3M (NYSE:MMM) shares so far this year is the second-worst performance in the Dow. But no component has posted a worse quarterly report than 3M did with its Q1 release in late April. 3M stock plunged 13%, its worst one-day decline in over 30 years. The drop was big enough to on its own pull the index down over 100 points.MMM stock still hasn't recovered: it would drop nearly another 20% in the following weeks before bottoming of late. And there's a case for the stock after the big decline, as James Brumley argued earlier this month. A 3.4% dividend yield helps the argument, and 3M's diversified business should allow it to ride out any further near-term or market volatility.Still, Q1 was an obvious concern: stocks like 3M don't fall 25% in a matter of weeks for no reason. And it was the automotive and Chinese markets that led to the poor quarter. Neither seems likely to rebound sharply all that soon. At the very least, it's going to take a lot more than one good quarter for 3M to make back what it lost after Q1. Pfizer (PFE)Source: Shutterstock It's a bit unfair to put Pfizer (NYSE:PFE) on this list. Pfizer certainly hasn't had a terrible year. PFE stock is down 2.6%, the third-worst performance in the index. But drugmakers generally underperform in bull markets, and many drug stocks have done worse in 2019. A 3.4% dividend yield offsets most of those losses anyhow.That said, Pfizer hasn't had a great year, either. Rival (and fellow Dow component) Merck (NYSE:MRK) has gained 8%-plus. And it's hard not to get the sense that PFE, which traded mostly sideways for over three years in the middle of the decade, is back to being stagnant. There doesn't seem to much of a catalyst on the horizon to change the Pfizer story, while external pressures on the industry continue to mount.It's true that, even this year, PFE shareholders could have done worse. But given that 25 Dow Jones stocks are up YTD, it's obvious they could have done better.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post The 5 Worst Dow Jones Stocks So Far in 2019 appeared first on InvestorPlace.

  • Report: Intel and Xilinx are lobbying regulators to continue selling to Huawei
    American City Business Journals16 hours ago

    Report: Intel and Xilinx are lobbying regulators to continue selling to Huawei

    The Trump administration has ordered American companies not to do business with Huawei, claiming the Chinese company represents a threat to national security.

  • Morningstar19 hours ago

    Don't Count Intel Out Just Yet

    Over the past decade-plus,  Intel's INTC prowess in chip design and manufacturing has enabled it to dominate the PC and server processor markets. Although it missed the boat in smartphone processors, Intel's near monopoly in server central processing units, or CPUs, has allowed the wide-moat chip titan to enjoy stellar profitability amid a declining PC market while riding the cloud wave to substantial growth in its data center group. Although AMD has minimal share today, the combination of Intel's 10-nanometer process technology delays and AMD's upcoming 7-nm Epyc 2 has led the market to anticipate substantial share gains for AMD and the demise of Intel.

  • Investopedia21 hours ago

    6 Flying Robotaxi Companies That May Lead the Next Transport Wave

    The first such vessel set to hit markets is Ehang Air Mobility Group’s Ehang 216, which first took flight in 2014 with a range of 22 miles, or 25 minutes of flight time. The 2-passenger, 570-pound aircraft is expected to start selling for $300,000 sometime next year, and is expected to receive strong interest from emergency responders, air taxi services, and tourist flight operators. Ehang is an alumni of Microsoft Corp.'s (MSFT) incubator program formerly known as Microsoft Accelerator.

  • Nvidia to work with Arm chips, deepening push into supercomputers
    Reuters23 hours ago

    Nvidia to work with Arm chips, deepening push into supercomputers

    Nvidia was long known as a supplier of graphics chips for personal computers to make video games look more realistic, but researchers now also use its chips inside data centers to speed up artificial intelligence computing work such as training computers to recognize images. To do so, Nvidia's so-called accelerator chips work alongside central processors from companies such as Intel Corp and International Business Machines Corp.

  • Investing.com23 hours ago

    Stocks - U.S. Futures Inch up as Investors Await Fed Meeting

    In commodities, crude oil fell 0.7% to $52.17 a barrel after reaching an earlier high of $52.91. CFTC data showed the number of long speculative positions on oil had fallen to its lowest level since March last week after a seventh straight weekly drop. Gold futures slipped 0.6% to $1,337.15 a troy ounce while the U.S. dollar index, which measures the greenback against a basket of six major currencies, was flat at 97.032.

  • Trade War Has Intel Reviewing Global Supply Chain, CEO Says
    Bloombergyesterday

    Trade War Has Intel Reviewing Global Supply Chain, CEO Says

    (Bloomberg) -- Intel Corp. is reviewing its global supply chain amid the growing trade war between the U.S. and China, Chief Executive Officer Bob Swan said.Intel doesn’t believe tariffs are an “effective way to drive global trade,” Swan said on Sunday, and is encouraging the governments to engage in constructive dialogue -- even as the company tries to mitigate the impact of the dispute.“How do we move goods -- sometimes our customers will move their operations -- and how do we work the global supply chain so less product is coming directly from China to the U.S. that would be subject to tariffs?” Swan said in an interview with Bloomberg TV in Tel Aviv.Behind the trade war is President Donald Trump’s position that China and other trading partners are taking advantage of the U.S. For more than a year he has ratcheted up taxes on imports and encouraged U.S. companies to move production back home.Uncertain FutureUncertainty as U.S.-China trade negotiations enter a crucial stage is weighing on companies like Intel, as are signals from the Chinese government that it might not implement major stimulus measures -- as it has done in the past -- if the economy struggles. Intel already cut its revenue forecast for the full year, citing “China headwinds.”Apple Inc. has a backup plan if the trade war with China keeps escalating: Say goodbye to Beijing. Taiwan-based Foxconn Technology Group, Apple’s primary manufacturing partner, said it has enough capacity to make all iPhones bound for America outside of China.Alphabet Inc.’s Google is reportedly moving some production of Nest thermostats and server hardware out of China, avoiding U.S. tariffs and an increasingly hostile government in Beijing. It has already reportedly shifted much of its production of U.S.-bound motherboards to Taiwan, according to people familiar with the matter.The migration is taking place as both foreign and domestic companies seek to pivot production away from China amid Trump’s efforts to reset the parameters for global trade and manufacturing. Beijing is also showing growing signs of clamping down on American corporations, from Ford Motor Co. to FedEx Corp., within the world’s largest consumer market and production base.\--With assistance from Giovanni Prati and Ian King.To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.netTo contact the editors responsible for this story: Riad Hamade at rhamade@bloomberg.net, Amy Teibel, Michael S. ArnoldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • MarketWatchyesterday

    U.S. chip makers seek easing of Huawei ban: report

    Major U.S. chip makers, including Intel Corp. , Qualcomm Inc. and Xilinx Inc. , have quietly lobbied the Trump administration to ease its ban on sales to Chinese tech giant Huawei Technologies Co., Reuters reported Sunday. One source told Reuters that the aim was not to help Huawei, but to prevent harm to U.S. companies. Reuters said Huawei spent about $11 billion buying components from U.S. companies in 2018. The Trump administration announced the ban in May, after trade negotiations between the U.S. and China stalled. Earlier this month, the acting White House budget chief sought to delay implementation of the ban, the Wall Street Journal reported, arguing that the burden would fall on U.S. companies that did business with Huawei.

  • U.S. chipmakers quietly lobby to ease Huawei ban
    Reuters2 days ago

    U.S. chipmakers quietly lobby to ease Huawei ban

    SAN FRANCISCO/WASHINGTON (Reuters) - Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said. Executives from top U.S. chipmakers Intel and Xilinx Inc attended a meeting in late May with the Commerce Department to discuss a response to Huawei's placement on the black list, one person said. The ban bars U.S. suppliers from selling to Huawei, the world's largest telecommunications equipment company, without special approval, because of what the government said were national security issues.

  • Recent Acquisitions by Google, Salesforce, and Intel Seem a Little Desperate
    Motley Fool2 days ago

    Recent Acquisitions by Google, Salesforce, and Intel Seem a Little Desperate

    These tech giants are paying high prices for defensive acquisitions as their core businesses slow.

  • Reuters2 days ago

    UPDATE 1-Intel launches project to help Israeli tech start-ups

    Intel Corp launched a project on Sunday to help start-ups in Israel develop technologies in artificial intelligence (AI) and autonomous systems, and said it planned to bring the scheme to other countries as well. The 20-week program, called Ignite, will offer business and technical support to up to 15 start-ups, the California-based company said, adding it would not take equity stakes in the start-ups now, but might do so eventually. Intel is one of the biggest employers and exporters in Israel, where many of its new technologies are developed, and this year said it was investing 40 billion shekels ($11 billion) to expand its manufacturing operations there.

  • Intel Announces Program for Israeli Startups Targeting Tech Inflections
    Business Wire2 days ago

    Intel Announces Program for Israeli Startups Targeting Tech Inflections

    Intel Corporation today announced a program to advance open innovation and accelerate early-stage startup companies in Israel targeting key industry inflection points, including artificial intelligence (AI), autonomous systems and other data-centric technologies and business models. Based in Tel Aviv, the program called Ignite will leverage Intel’s global market access and business and technology leadership to provide early-stage startups with unique advantages on their paths to disrupt the future. Following a rigorous selection process, Intel will host 10 to 15 top pre-seed to seed startups through a 20-week program where they will receive hands-on mentorship from Intel and industry experts in a variety of product, business, management and technical areas.

  • Intel launches project to help Israeli tech start-ups
    Reuters2 days ago

    Intel launches project to help Israeli tech start-ups

    Intel Corp launched a project on Sunday to help start-ups in Israel develop technologies in artificial intelligence (AI) and autonomous systems, and said it planned to bring the scheme to other countries as well. The 20-week program, called Ignite, will offer business and technical support to up to 15 start-ups, the California-based company said, adding it would not take equity stakes in the start-ups now, but might do so eventually. Intel is one of the biggest employers and exporters in Israel, where many of its new technologies are developed, and this year said it was investing 40 billion shekels ($11 billion) to expand its manufacturing operations there.

  • Barrons.com3 days ago

    AMD’s Lisa Su and Other Change Agents on Our List of the World’s Best CEOs

    AMD CEO Lisa Su led a stunning turnaround at the semiconductor company, which is now giving Intel a run for its money in all areas of the chip business.

  • Broadcom's dim outlook sparks chip stock selloff, analyst expects things to get worse
    Yahoo Finance4 days ago

    Broadcom's dim outlook sparks chip stock selloff, analyst expects things to get worse

    After Broadcom cut its forecast sparking a chip stock selloff, one analyst warns that things might get worse.

  • 4 Semiconductor Stocks to Sell
    InvestorPlace4 days ago

    4 Semiconductor Stocks to Sell

    Global equities are under pressure on Friday as traders worry about the fallout from the attack on two energy tankers in the Persian Gulf as well as dismal economic data out of China, where industrial output growth slowed to a 17-year low.Semiconductor stocks are getting hit hard, with the pressure beginning over in Europe with names like Infineon, AMS and STMicroelectronics (NYSE:STM) feeling the hurt after Broadcom (NASDAQ:AVGO) cut forward guidance and warned of a demand slowdown due to a tech ban resulting from U.S.-China trade tensions.All eyes are now turning towards the Federal Reserve's next policy announcement on June 19, with hopes high that officials heed the message of the futures market and prepare for interest rate cuts later this year. The promise of easier credit could help juice the market higher as the economic data worldwide becomes more and more disappointing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe specter for disappointment is extremely high, however, with history reminding us that the majority of prior Fed interest rate cuts come as a recession is already in flight. If so, the selling could well intensify, led by the makers of the silicon "raw materials" of our modern economy: Semiconductors. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Here are four stocks in the industry to consider selling: Semiconductor Stocks: Intel (INTC)Intel (NASADQ:INTC) shares continue to languish below their 200-day moving average, marking a 22% decline from the late-April high a continuing a long sideways range going back to late 2017. A breakdown below critical support near the $42-a-share level would result in a likely decline back to the 2016-2017 trading range near $34, which would be worth a loss of more than 25% from here.The company will next report results on July 25 after the close. Analysts are looking for earnings of 90 cents per share on revenues of $15.6 billion. When the company last reported on April 25, earnings of 89 cents per share beat estimates by two cents. Nvidia (NVDA)Nvidia (NASDAQ:NVDA) shares are simply unable to get up off the mat, as the onetime momentum sweetheart languishes near its late December lows and remains well below its 50-day and 200-day moving averages. A slowdown in GPU sales, a loss to AMD (NASDAQ:AMD) on upcoming gaming console refreshes from Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT), and a popping of the bitcoin bubble have all contributed to the downturn. * 7 High-Quality Cheap Stocks to Buy With $10 The company will next report results on Aug. 15 after the close. Analysts are looking for earnings of $1.14 per share on revenues of $2.6 billion. When the company last reported on May 16, earnings of 88 cents per share beat estimates by seven cents on a 31% drop in revenues. Texas Instruments (TXN)Shares of Texas Instruments (NASDAQ:TXN) are rolling down what looks like the right shoulder of a nasty-looking head-and-shoulders reversal pattern bounced by a neckline that coincides with its 200-day moving average. A breakdown here would trace down to a decline back to its late-December lows, worth a loss of roughly 15% from here. Earlier in the month, analysts at Cascend Research noted that demand for power chips in the industrial, automotive, and consumer products area was weakening at a 18%-plus pace year-over-year. This was the worst result in eight years and will weigh on TXN stock's top line results.The company will next report results on July 23 after the close. Analysts are looking for earnings of $1.22 per share on revenues of $3.6 billion. When the company last reported on April 23, earnings of $1.26 beat estimates by nine cents on a 5.1% decline in revenues. Broadcom (AVGO)Broadcom shares are down sharply, nearly 7% as I write this, testing their 200-day moving average average. Management cut its forward guidance as part of its quarterly earnings report, warning that fiscal 2019 results would be dampened by waning demand and ongoing trade tensions. There are a few silver linings, from 10% expected bump in content growth thanks to the 5G wireless rollout to module wins in the upcoming Apple (NASDAQ:AAPL) iPhone 11. * 7 Stocks to Buy for the Coming Recession The company will next report results on Sept. 12 after the close. When the company last reported on June 13, earnings of $5.21 beat estimates by three cents on a 10% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 4 Semiconductor Stocks to Sell appeared first on InvestorPlace.

  • Investing.com4 days ago

    Stocks - Wall Street Ends Flat as Tech Suffers Broadcom Beatdown

    Investing.com - The S&P; 500 closed flat on Friday as firmer retail sales pointing to underlying strength in the U.S. economy were countered by a slump in chip stocks, led by Broadcom.

  • Investing.com4 days ago

    StockBeat - Broadcom's Gloomy Outlook Wrecks Chip Stocks

    Investing.com - Broadcom fell sharply Friday, sending chip stocks lower after the company delivered an ominous outlook and reported revenue that fell short of estimates.