Shares of Intel jumped 3.98% to $53.59 at 13:43 EST on Tuesday, after two sequential sessions in a row of losses. NASDAQ Composite is dropping 0.01% to $13,035.44, following last session’s downward trend, This seems, so far, a somewhat negative trend trading session today.
Intel’s last close was $51.54, 29.30% under its 52-week high of $69.29.
Intel’s sales growth is a negative 13.7% for the ongoing quarter and a decline by 18.9% for the next. The company’s growth estimates for the current quarter and the next is a negative 27.6% and a negative 35.2%, respectively.
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 78.1B for the twelve trailing months.
Intel’s last day, last week, and last month’s average volatility was a negative 0.21%, a positive 0.75%, and a positive 0.14%, respectively.
Intel’s last day, last week, and last month’s high and low average amplitude percentage was 1.93%, 2.80%, and 2.91%, respectively.
Intel’s Stock Yearly Top and Bottom Value
Intel’s stock is valued at $53.59 at 13:43 EST, way below its 52-week high of $69.29 and way above its 52-week low of $43.61.
Intel’s Moving Average
Intel’s worth is above its 50-day moving average of $49.32 and higher than its 200-day moving average of $50.62.
Previous days news about Intel
Samsung surges after Intel is said to consider chip outsourcing. According to Bloomberg Quint on Monday, 11 January, "We have another great lineup of products in 2022, and I’m increasingly confident in the leadership our 2023 products will deliver on either Intel 7-nanometer or external foundry processes, or a combination of both," Swan said on a conference call in October. ", "That timeline suggests other customers could move to better TSMC production before Intel would."
Intel says 10-nanometer server chips coming in first quarter. According to Bloomberg Quint on Monday, 11 January, "New models will have improved security, more computing cores and be better suited to dealing with artificial intelligence workloads, Intel said on Monday.", "Read more: Intel Chipmaking Throne Challenged by Taiwanese UpstartIntel executives have promised more regular updates to its Xeon roadmap with products that offer leading performance. "