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Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
As you can see from the chart, the stock plunged shortly after the CEO announcement, and stayed down from there, falling again after the Federal Reserve trimmed its rate-cut forecast for 2025 ...
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...
As of 3:16 p.m. ET, Intel stock was down 3.3% on the news. A tweezer holding a chip over a circuit board. Image source: Getty Images. Foundry demand is slowing.
The stock reflects the unknowns swirling around Intel. It's being valued on a price-to-earnings growth multiple (PEG) of 0.5 times, according to Yahoo Finance data .
Shares of Intel (NASDAQ: INTC) plunged 60.1% lower in 2024, according to data from S&P Global Market Intelligence.The semiconductor veteran ran into many issues last year, and the string of bad ...
Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intel wasn’t one ...
The firm's analysts maintained an underperform rating on Intel and a one-year price target of $21 per share on the stock. As of this writing, BofA's target on Intel implies a downside of roughly 6.5%.