102.3%. That is how much Intel shares have climbed since January, when the chipmaker's stock traded around the $20.22 mark, a little more than half what they are worth today.
Shares of U.S. chipmaker Intel were leading the S&P higher as stocks edged upward on a holiday-shortened Black Friday session expected to be light on trading volume and corporate news.
Intel Corp (NASDAQ:INTC, XETRA:INL) shares moved higher on Friday, adding more than 7% on optimism about demand for AI-powered personal computers. Investors remain bullish on Intel amid escalating trade-secret litigation with Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM).
INTC's Client Computing Group posts an 8% revenue jump as PC upgrades, AI PCs, and new chip demand fuel momentum.
Intel Corp (NASDAQ:INTC, XETRA:INL) has dismissed allegations from Taiwan Semiconductor Manufacturing that its newly rehired executive, Wei-Jen Lo, shared confidential information from his former employer. The US company said it had “no reason to believe there is any merit” to the claims and stressed that its internal policies forbid the use or transfer of third-party intellectual property.
Intel on Thursday denied allegations by Taiwanese chipmaker TSMC that one of the U.S. firm's executives, Wei-Jen Lo, had leaked trade secrets.
The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing.
Recently, Zacks.com users have been paying close attention to Intel (INTC). This makes it worthwhile to examine what the stock has in store.
The artificial intelligence (AI) revolution has sparked such intense demand for advanced semiconductors that it is creating a global manufacturing bottleneck. However, this is not a story of failure, but rather one of overwhelming success.
Intel (INTC)'s stock surged 75% this year, not just due to revenue growth but also a significant increase in its valuation multiple.
INTC's new management team has delivered a renewed AI CPU monetization cadence, as observed in the sequential growth in DCAI revenues and richer operating margins.
INTC edges out QCOM as valuation, price momentum and growth prospects give it a slight lead in the latest chip stock comparison.