NASDAQ Composite opens in less than one hour and Intel’s pre-market value is already 2.35% up.
The last session, NASDAQ Composite ended with Intel rising 6.97% to $56.95. NASDAQ Composite rose 0.43% to $13,128.95, after two sequential sessions in a row of gains, on what was a somewhat positive trend trading session.
Intel’s last close was $56.95, 21.67% 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.
Intel’s last day, last week, and last month’s average volatility was 6.97%, 2.23%, and 0.66%, respectively.
Intel’s last day, last week, and last month’s high and low average amplitude percentage was 5.89%, 3.48%, and 3.19%, respectively.
Previous days news about Intel
Samsung surges after Intel is said to consider chip outsourcing. According to Bloomberg Quint on Monday, 11 January, "Samsung Electronics Co. rose the most in almost 10 months after Intel Corp. was said to be considering asking the South Korean giant and Taiwan Semiconductor Manufacturing Co. to make some of its most sophisticated chips, a major departure for the Silicon Valley pioneer.", "An Intel spokesperson referred to previous comments by Bob Swan, the company’s chief executive officer."
Intel says 10-nanometer server chips coming in first quarter. According to Bloomberg Quint on Monday, 11 January, "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. ", "Today marks a significant milestone for Intel as we continue to accelerate the delivery of our 10 nanometer products and maintain an urgent focus on execution to deliver a predictable cadence of leadership products," said Navin Shenoy, executive vice president and general manager Intel’s Data Platforms Group."
Intel CEO bob swan is replaced by vmware’s pat gelsinger. According to Bloomberg Quint on Wednesday, 13 January, "Santa Clara, California-based Intel is scheduled to hold a board meeting on Wednesday."
Intel ousts chief executive bob swan. According to The Wall Street Journal on Wednesday, 13 January, "Mr. Gelsinger rejoins Intel where he was once the technology chief after serving as CEO of the business-software provider since 2012.", "Third Point Chief Executive Daniel Loeb in a December letter to Intel Chairman Omar Ishrak said the company’s woes could threaten the U.S. tech industry and urged the chip maker to consider alternatives, including selling some of its acquisitions and splitting its design and manufacturing operations-a move that would end Intel’s long-held status as America’s leading integrated semiconductor maker."
Intel is replacing CEO bob swan with vmware CEO pat gelsinger. According to Business Insider on Wednesday, 13 January, "After careful consideration, the board concluded that now is the right time to make this leadership change to draw on Pat’s technology and engineering expertise during this critical period of transformation at Intel," Omar Ishrak, independent chairman of the Intel board, said in the press release.", "Gelsinger was once an Intel executive for 30 years, serving as its first CTO as CNBC notes. "
Intel goes back to roots with gelsinger to regain chip lead. According to Bloomberg Quint on Wednesday, 13 January, "Now, back as chief executive officer, Gelsinger has the chance to re-establish a leadership approach that made Intel the dominant chipmaker, while bringing lessons learned elsewhere to help the company recover from its biggest crisis in at least a decade.", "Even after he left Intel Corp. in 2009, Pat Gelsinger couldn’t stop talking about the company he’d worked at since he was a teenager."