Stock of the Day for August 23, 2024

Intel Stock Report

Intel
INTC 90-day performance NASDAQ:INTC Intel
Current Price
$24.86
-1.23 (-4.70%)
(As of 02/21/2025 03:59 PM ET)
30 Day Performance
19.37%
  
 
90 Day Performance
-0.02%
  
  
1 Year Performance
-42.16%
  
  
Market Capitalization
$107.67B
Price Target
$26.88
Net Income
-$18.76B

About Intel

Intel Corporation is among the world’s leading manufacturers of microchips and microchip-enabled products and services. The company engages in the design, manufacture, and sale of computer products and technologies to original equipment manufacturers, original design manufacturers, and cloud service providers. The company was incorporated in 1968 and is headquartered in Santa Clara, California, and is widely regarded as having put the “silicon” in “Silicon Valley”.

Intel was originally a PC-centric semiconductor company but has branched out over its more than 50-year history. The company is now engaged in global digital transformation and is working to provide end-to-end solutions from the largest digital clouds to the smallest IoT and Edge devices. Specifically, Intel is working to advance AI, 5G connectivity, and the digitization of everything.

The now data-centric company operates through 7 segments and is one of the most diversified publicly-traded chipmakers on the market. The company’s 7 segments are CCG (client computing group), DCG (data center group), IOTG (internet of things group), Mobileye (autonomous driving), NSG (non-volatile memory group), PSG (programable solutions group), and All Other segments.

The company operates 6 wafer fabrication sites and 4 assembly test manufacturing sites to ensure the highest standards of quality. The company’s products evolve on the basis of Moore’s law becoming smaller, faster, and more powerful with each generation.

Intel offers platform products such as central processing units and chipsets, and system-on-chip and multichip packages meant to power computers ranging from tablets to supercomputers. Intel also offers non-platform or peripheral products that include accelerators, circuit boards and systems, connectivity products, graphics cards, and memory and storage products. The company’s specialty divisions also provide high-performance computing solutions for targeted verticals as well as embedded solutions for business, industry, and healthcare.

Intel is central to the growth of data centers and the Cloud. The company once boasted a near-100% market share of cloud-based microchip demand but that figure has slipped over the years due to mounting competition. Intel’s cloud solutions provide workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers.

Among the many technologies that Intel is working to advance are self-driving vehicles. Solutions for assisted and autonomous driving include computing platforms, computer vision, and machine learning-based sensing, mapping, and geolocation. Intel Corporation also has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for improving the search for new drug therapies and applications.

Intel Corporation is committed to corporate responsibility and environmentally sustainable practices. The company seeks to leverage its position to advance not only itself but the industry for the good of mankind.

INTC Company Calendar

JAN. 30, 2025
Last Earnings
FEB. 23, 2025
Today
APR. 24, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent Intel News

Denver PWM LLC Sells 24,651 Shares of Intel Co. (NASDAQ:INTC)
Private Advisor Group LLC Lowers Stake in Intel Co. (NASDAQ:INTC)
A deal for Intel Products could be lucrative for Broadcom: analyst
Is Intel Corp. (INTC) the Best Performing Semiconductor Stock So Far in 2025?
Should Broadcom really buy parts of Intel? It could be ‘extremely lucrative.’
North Korea's Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack
This report was written by MarketBeat.com on February 23, 2025. This report first appeared on MarketBeat.com.