Intel Corporation (INTC)
Pre-market:
| Previous close | 30.00 |
| Open | 29.93 |
| Bid | 30.06 x 2000 |
| Ask | 30.12 x 1700 |
| Day's range | 29.81 - 30.39 |
| 52-week range | 26.86 - 51.28 |
| Volume | |
| Avg. volume | 49,856,861 |
| Market cap | 128.089B |
| Beta (5Y monthly) | 1.09 |
| PE ratio (TTM) | 31.02 |
| EPS (TTM) | 0.97 |
| Earnings date | 25 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | 0.50 (1.66%) |
| Ex-dividend date | 06 May 2024 |
| 1y target est | 39.74 |
- Yahoo Finance Video
The tech giants to benefit from AI bullishness: Strategist
Chip company Arm Holdings' (ARM) disappointing 2025 forecast could be signaling slowdowns in AI demands. Big Tech companies like Meta (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have all announced major investments in building out their AI infrastructures. While the plans show confidence in the future, will they actually pay off? Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Morning Brief to give insight into the AI sector and discuss which companies are in the best position to actually benefit from AI investments. When asked about when investors will see real payoffs from these big investments from AI, Forrest says: "Building out the data center is part of it, then you're going to have companies like Meta, Microsoft, and Amazon (AMZN), and everybody else is going to pile in and start using the generative AI to maybe increase productivity... And I would look for who do you think is most likely to benefit from using generative AI. And we've just mentioned them, right? Amazon, Meta, and Microsoft, and to me Microsoft is really probably [in] the best position because they'll get people to actually pay for it, not just advertising dollars." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
BloombergIntel’s Battered Bulls Find Hopes Dashed Again After Huawei Ban
(Bloomberg) -- Intel Corp bulls just cannot catch a break in 2024. Most Read from BloombergBiden Set to Impose Tariffs on China EVs, Strategic SectorsApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatAfter a 90% rally in its shares last year, the chipmaker hit another snag in its years-long effort to turn around its operations as it said a US ban on chip exports to Hu
