Intel Corporation (INTC)
Pre-market:
| Previous close | 44.70 |
| Open | 44.36 |
| Bid | 43.42 x 1400 |
| Ask | 43.48 x 2200 |
| Day's range | 42.86 - 44.36 |
| 52-week range | 24.73 - 45.34 |
| Volume | |
| Avg. volume | 38,806,619 |
| Market cap | 184.45B |
| Beta (5Y monthly) | 0.95 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.39 |
| Earnings date | 25 Jan 2024 - 30 Jan 2024 |
| Forward dividend & yield | 0.50 (1.14%) |
| Ex-dividend date | 06 Nov 2023 |
| 1y target est | 37.04 |
Motley FoolMixed Signals Muddle Intel's PC Comeback
Global shipments of PCs have been declining for the past two years following a pandemic-era splurge by consumers and businesses. Lower end-market demand coupled with excessive inventory levels across the PC supply chain has been wreaking havoc on the PC chip businesses of both Intel (NASDAQ: INTC) and Advanced Micro Devices. Gartner expects PC shipments to return to growth in the fourth quarter, and Canalys is calling for 5% growth in the fourth quarter and 8% growth in 2024.
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