NASDAQ Composite opens in less than two hours and Intel’s pre-market value is already 2.28% up.
The last session, NASDAQ Composite finished with Intel rising 6.97% to $56.95. NASDAQ Composite jumped 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% below its 52-week high of $69.29.
Intel’s sales growth is a negative 13.7% for the current quarter and a decline by 18.9% for the next. The company’s growth estimates for the present 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 Stock Yearly Top and Bottom Value
Intel’s stock is valued at $56.95 at 07:39 EST, way under its 52-week high of $69.29 and way above its 52-week low of $43.61.
Intel’s Moving Average
Intel’s value is way higher than its 50-day moving average of $49.54 and way higher than its 200-day moving average of $50.59.
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, "Any components that Intel might source from Taiwan wouldn’t come to market until 2023 at the earliest and would be based on established manufacturing processes already in use by other TSMC customers, said the people, asking not to be identified because the plans are private.", "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."
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. "
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, "Gelsinger was once an Intel executive for 30 years, serving as its first CTO as CNBC notes. ", "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, "He is at the same time an outsider — coming from a much smaller and agile organization which has been successful in the last couple of decades at creating a new ecosystem and set of industry standards with multiple fundamental innovations — and an Intel veteran." Intel shares jumped 8% and VMware fell 7% after the leadership change on Wednesday.", "As a former chip designer, Gelsinger understands the complex engineering that goes into Intel products. "