NASDAQ Composite opens in less than three hours and Intel’s pre-market value is already 2.46% up.
The last session, NASDAQ Composite finished with Intel jumping 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 exchanging 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 present 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, "While Intel has outsourced production of lower-end chips before, it has kept the manufacturing of its best semiconductors in-house, considering it a competitive strength. ", "But Keller left Intel last year, and rivals, such as Advanced Micro Devices Inc. and Apple Inc., have forged ahead with their own capable designs and TSMC’s more advanced production technology. "
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. ", "New models will have improved security, more computing cores and be better suited to dealing with artificial intelligence workloads, Intel said on Monday."
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.", "Krzanich resigned after the company’s board discovered an affair between him and an Intel employee that began before he resumed his role as CEO and ended in 2013, according to the Wall Street Journal."
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.", "Read more: Intel Chipmaking Throne Challenged by Taiwanese UpstartSwan, the outgoing CEO, was considering outsourcing more manufacturing as a back up plan while Intel worked on reclaiming leadership with its own production. "