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While Intel's bottom line was affected by a number of restructuring, accelerated depreciation, and goodwill impairment charges, adding those back would have yielded adjusted earnings per share of ...
Of the 45 analysts that cover Intel, Yahoo Finance data shows 80% rate the stock a Hold. Shares of Intel have plunged 55% in the past year, badly lagging the 21% advance for the Nasdaq Composite ...
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once ...
Intel's fall from grace seemed to happen all at once.Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly ...
If Intel does end up pulling back on its third-party manufacturing ambitions, however, it could end up eating a good portion of the losses. “You'd have to scale back. You'd have to lay off people.
(Reuters) -Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround ...
In crisis mode, the board brought back an Intel veteran who had left in 2008, Pat Gelsinger, to lead a rescue mission as CEO. (You can read my full case study for Fortune about how Intel lost its ...
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 ...