IN

Intel

INTC
NASDAQInformation Technology
$92.02
USD
-2.73(-2.89%)
At close: Apr 30, 14:37 UTC
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Open

$92.47

Prev. Close

$92.48

High

$92.51

Low

$91.87

Market Snapshot

Market Cap

$473.28B

P/E Ratio

-149.1

EPS

-4.36

Revenue

$53.1B

Why INTC moved

Intel shares surged 7.59% amid strong AI demand and beat earnings expectations, raising valuation concerns as the stock increased 45.2% in a week.

About

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. The company is headquartered in Santa Clara, California and currently employs 85,100 full-time employees. The firm operates through three segments: Intel Products, Intel Foundry, and All Other. Its Intel Products segment includes Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX). The CCG is bringing together the operating system, system architecture, hardware, and software application integration to enable PC experiences. DCAI delivers workload-optimized solutions to cloud service providers and enterprises, along with silicon devices for communications service providers, network and edge, and HPC customers. NEX helps networks and edge compute systems from fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud native software on programmable hardware. The Intel Foundry segment comprises technology development, manufacturing and foundry services. All Other segments include Altera, Mobileye, Other.

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