Previous close | 86.24 |
Open | 84.95 |
Bid | 84.53 x 1200 |
Ask | 84.54 x 800 |
Day's range | 84.36 - 85.22 |
52-week range | 59.43 - 110.69 |
Volume | |
Avg. volume | 8,870,841 |
Market cap | 438.641B |
Beta (5Y monthly) | 1.19 |
PE ratio (TTM) | 14.92 |
EPS (TTM) | 5.67 |
Earnings date | N/A |
Forward dividend & yield | 1.83 (2.14%) |
Ex-dividend date | 14 Dec 2023 |
1y target est | 111.52 |
Intel's (NASDAQ: INTC) worst mistake in recent history was its failure to make the technological leap from personal computer CPUs to mobile CPUs. It flopped because the British chip designer Arm Holdings (NASDAQ: ARM) licensed more power-efficient designs to chipmakers like Qualcomm, MediaTek, and Apple. Intel (which divested its own Arm-based chip unit in 2006 and actually rejected Apple's offer to produce the CPUs for the first iPhone) thought it could conquer the mobile market with more power-efficient versions of its x86 CPUs.
Over the past week, rumors have been circulating on the internet that may have caused some artificial-intelligence (AI) winners like Nvidia (NASDAQ: NVDA) to sell off. Last week, the Taiwan Business Times cited "rumors in the market" that Microsoft (NASDAQ: MSFT) CoPilot subscriptions were not as strong as originally forecast, and that ChatGPT usage was down over the summer.
The Taiwan Semiconductor Manufacturing Company (TSMC) has reportedly increased its orders for machines needed for Chip on Wafer on Substrate (CoWoS) packaging by 30% to keep up with the rising demand for artificial intelligence (AI) chips, according to a report from Taiwan Economic Daily on Tuesday. The company's clients, including Amazon (NASDAQ:AMZN), AMD, Broadcom (NASDAQ:AVGO), and Nvidia (NASDAQ:NVDA), are placing rush orders for AI chips to meet the growing usage of Generative AI models su