Intel delivers a reality check
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Struggling US chipmaker Intel is being slowed down in its restructuring efforts by supply bottlenecks. Its revenue forecast of between $11.
Intel stock price sank on Friday after the chipmaker issued a weak forecast and signaled that its turnaround would take longer than many investors expected.The
S&P500 struggles with slow momentum as Intel plunges 16% on supply concerns. Tech stocks lead mixed US indices while Dow slips back into the red Friday.
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Gov. Mike DeWine responds to news Intel will 'further slow' construction on Ohio factories
Gov. Mike DeWine says Intel is still committed to Ohio even as it announced it will "further slow" the pace of construction at its future Ohio microchip factories. The company announced the slowdown July 24 during its second quarter earnings report.
Intel will "further slow" the pace of construction at its future Ohio microchip factories, the company announced Thursday in reporting its quarterly earnings. Intel's first factory was supposed to begin operating in 2025. But the company told The Dispatch ...
Intel says laptop makers hold up to 12 months of inventory, which could delay price increases despite ongoing RAM shortages.
Intel Corporation (NASDAQ:INTC) ranks among the hot stocks to invest in right now. Truist Securities reaffirmed its $21 price target and Hold rating on Intel Corporation (NASDAQ:INTC) shares on September 9. The firm stated that although Intel Corporation ...