Previous close | 30.09 |
Open | 27.07 |
Bid | 28.03 x 1400 |
Ask | 28.04 x 800 |
Day's range | 26.78 - 28.24 |
52-week range | 24.59 - 52.51 |
Volume | |
Avg. volume | 38,356,036 |
Market cap | 114.527B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 6.32 |
EPS (TTM) | 4.46 |
Earnings date | 24 Jan 2023 - 30 Jan 2023 |
Forward dividend & yield | 1.46 (5.33%) |
Ex-dividend date | 04 Nov 2022 |
1y target est | 34.27 |
Market forces rained on the parade of Intel Corporation ( NASDAQ:INTC ) shareholders today, when the analysts...
Few things went right for chip giant Intel (NASDAQ: INTC) in the fourth quarter. In the PC market, a dramatic tumble in demand that played out in the second half of 2022 transformed component shortages into gluts. Intel shipped PC central processing units (CPUs) at a rate that was about 10% below consumption throughout 2022, with that gap expanding in Q4 and expected to further widen in Q1 2023.
Shares of Intel (NASDAQ: INTC) sank more than 6% on Friday after the chipmaker issued a dismal financial forecast for the year ahead. Intel's revenue plummeted 32% year over year to $14 billion in the fourth quarter. Intel is slashing expenses to better withstand the downturn.