Ad
related to: is intel going down
Search results
Results From The WOW.Com Content Network
Intel's fourth quarter sales dropped 6% year over year to $13.3 billion. The quarterly net loss tallied $0.46 a share, worse than the $0.03 per share loss logged a year earlier.
Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the Dow to sell the stock when the Dow makes the switch on Nov. 8.
The publication points to the 2022 Chip Act passed by Congress, and the $8.5 billion in subsidies that the government awarded to Intel to assist it in building new chip factories in Arizona and Ohio.
Intel will lose its spot in the Dow Jones Industrial Average after a 25-year run to Nvidia, S&P Dow Jones Indices said on Friday, the latest blow to the struggling chipmaker that was among the ...
Intel's solid quarter and guide offers hope for a consequential 2025. ... Intel finds itself down just over 50% for 2024. ... there was a lot going on under the hood. Older Raptor Lake desktop ...
Even with today's pop, Intel stock is still down roughly 53% in 2024's trading. The stock looks cheap by some metrics, but the business has been struggling lately -- and there's a high degree of ...
At the same time, Intel is facing a new threat from Qualcomm, which began offering its Snapdragon X Elite and X Plus chips in Windows PCs earlier this year as an alternative to Intel’s processors.
Price Action: INTC stock is down 0.04% at $23.91 at the last check on Friday. ... This article What's Going On With Intel Stock On Friday? originally appeared on Benzinga.com