Intel Corporation (INTC)
Intel stock price forecast: don't buy when there's blood in the street
Intel (INTC) stock price has imploded, leaving the former semiconductor giant into a shell of its former self. Its stock has tumbled to $19.80, its lowest level since May 2024.
Why Intel Stock Slumped on Tuesday
An analyst downgraded his recommendation on the onetime dominant chip maker. For him, it's now only a hold, as opposed to a buy.
What's Going on With Intel Stock?
Intel is one of the worst-performing semiconductor stocks in 2024.
Here is What to Know Beyond Why Intel Corporation (INTC) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Intel (INTC). This makes it worthwhile to examine what the stock has in store.
Should Intel (INTC) Be in Your Portfolio Post Q2 Earnings?
With declining earnings estimates and abysmal price performance compared with its peers, Intel (INTC) is witnessing a negative investor perception.
Intel: What's Going On And Why It's An Opportunity
Despite being on the back foot since the first week of January, shares of Intel Corporation NASDAQ: INTC took things to a whole new level last week. For investors, this will be a disappointing, though perhaps not all that surprising, turn of events.
Intel's Stock has Slumped 27%. Here's Why It Remains a Buy in the Second Half of 2024
Intel's stock plunged 28% on Friday after disappointing earnings. However, the company's foundry expansion remains a compelling reason to invest.
Intel Stock Alert: Do NOT Buy-the-Dip in INTC
Microchip giant Intel (NASDAQ: INTC ) just delivered one of the worst quarterly financial results ever, sending Intel stock plummeting. The company's share price plunged 26% in one day and registered its worst performance in 50 years.
Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?
Last week, Intel announced earnings that fell short of expectations, and launched a $10 billion cost-cutting plan. The company has struggled to catch up in the artificial intelligence (AI) chip market.
Has Intel Got What It Takes To Compete In The AI Era?
Intel stock (NASDAQ: INTC) posted a weaker-than-expected set of Q2 2024 earnings last week, and provided a tough outlook for Q3, guiding revenue of $12.5 billion to $13.5 billion, well below estimates of over $14 billion, as it continues to lose market share in both the PC and server space. Following the tough earnings report, Intel noted that it intends to cut over 15% of its workforce, which could amount to over 15,000 layoffs while aiming to slash costs by as much as $10 billion by next year.
Why Intel Stock Plummeted Again Today
Intel's share price hit a new 10-year low on Monday. The sell-off came amid bearish market momentum stemming from "carry-trade" strategies centered around the Japanese yen.
Intel Stock Extends Losses as Analysts Say Chipmaker Faces 'Formidable Hurdles'
Intel (INTC) shares dropped over 6% Monday, extending losses after the chipmaker posted disappointing quarterly results last week and announced layoffs to cut costs.
