Intel Corporation (INTC)
Intel CEO to pitch plans to shed assets, which could include Altera
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter, as they try to revive the once-dominant chipmaker's fortunes.
Intel weighs Altera sale as share price slump threatens Dow Jones spot
Intel Corp (NASDAQ:INTC, ETR:INL) is reportedly considering the sale of programmable chip unit Altera which would have a significant impact on the company's value, analysts at Wedbush believe. Reuters reported on Monday that Intel is considering actions to shore up its finances, including slowing investments and selling non-core assets such as Altera in lieu of earlier plans to IPO the field programmable gate arrays (FPGAs) business.
Why Intel Stock Is Getting Crushed Today
Intel is losing ground amid big sell-offs for the broader market today. U.S. manufacturing decreased in August, and investors are worried about this week's jobs report.
Intel Stock Sinks Amid Worries It Could Be Delisted From the Dow
Intel (INTC) shares tumbled over 8% in intraday trading Tuesday amid worries the chipmaker could be in danger of losing its status as a member of the Dow Jones Industrial Average.
Intel: If You Build, They Will Come
Some believe Intel Corporation stock is in a free fall, with no turning back. However, the company appears to have a plan, a roadmap to recovery. Intel is executing on strategies to wrestle back control of the semiconductor industry, launching smaller, more powerful chips embedded with proprietary industry-leading technologies.
Will Intel Prove An Old Wall Street Saying True? What To Look For
“Gaps refill” is an old Wall Street saying. It is easy to understand why this occurs if trader and investor psychology are considered.
Intel to Deploy Gaudi 3 AI in IBM Cloud: Beneficial for INTC Stock?
With declining earnings estimates and abysmal price performance compared with peers, INTC is witnessing a negative investor perception.
Intel's stock hasn't been this cheap in at least 30 years. But is it a buy?
While Intel shares look inexpensive based on their multiple of book value, one analyst says he sees “easier ways to generate returns elsewhere.”
Intel's Dow status under threat as struggling chipmaker's shares plunge
Intel was one of the first two tech companies to join the Dow Jones Industrial Average during 1999's dot-com era, along with Microsoft. Now, a slump in its share price could cost the American chipmaker its place in the blue-chip index.
Watch These Intel Stock Levels as CEO Reportedly Preparing Plans to Sell Assets, Cut Costs
Intel (INTC) shares remain in focus this week after Reuters reported on Sunday that CEO Pat Gelsinger and other senior executives are expected to present plans later this month that involve shedding assets and reducing capital expenditures in an effort to turn the company's fortunes around.
Intel mulls Altera sale as problems mount, reports suggest
Intel Corp (NASDAQ:INTC, ETR:INL), the US chipmaker, is drawing up a plan to dispose of non-core activities and cut capital spending to try to revive its fortunes, according to reports at the weekend. Programmable chip unit Altera is one of the businesses earmarked for disposable, said the reports, with the plan to be presented by chief executive Pat Gelsinger to the board later this month.
Intel Stock: Foundry Breakup Could Unlock Value, We're Bullish
Disappointing trends this year are forcing Intel to consider a drastic restructuring, including the sale of its manufacturing unit. The company's products division has presented mixed results but remains profitable with a positive outlook. The stock could be a compelling buy-the-dip opportunity with the ability of the company to get back on track with sustainable growth.
