ClearBridge Investments, an investment management firm, released its investor letter for Q2 2024 titled “ClearBridge Dividend Strategy.” The S&P 500 Index saw a 4.3% increase in the second quarter, resulting in a 15.3% gain for the first half of the year. The firm remains optimistic about the economy and does not foresee an imminent recession, … Read more
Intel Co. shares on the NASDAQ fell by 0.3% on Tuesday, trading as low as $30.58 and closing at $30.75. The trading volume was significantly lower than average, with approximately 8.5 million shares traded compared to the daily average of 46.4 million shares. Analyst ratings for the stock have seen some changes, with some firms … Read more
Intel has been facing challenges and underperforming while competitors like NVIDIA and Advanced Micro Devices (AMD) have been outperforming in the GPU and CPU markets, respectively. Intel’s revenue has not appreciated in the past decade and the company is now focusing on chip manufacturing to turn things around. Analysts believe that Intel has potential for … Read more
Intel’s stock has seen a significant decline in 2024 after experiencing a surge in value the previous year. Investors initially flocked to Intel in 2023 due to its low valuation and potential to compete with Nvidia. However, three key reasons suggest that Intel’s stock may continue to suffer losses. Firstly, Nvidia’s dominance in the market … Read more
Intel Corporation (NASDAQ: INTC) has faced a challenging period recently, as its stock performance has been disappointing, with a 10% decline in the last 12 months while the S&P 500 gained 25%. This comes after a prediction that Intel could trade at higher prices in the long term, despite short-term declines. The company’s quarterly results … Read more
Intel Corporation has recently introduced the industry’s first fully-integrated optical computational interconnect (OCI) chiplet, which promises to revolutionize high-speed data transmission. The chiplet, combined with next-generation CPUs, GPUs, and other systems-on-chips, is expected to drive the development of AI infrastructure for data centers and high-performance computing applications. By integrating Intel’s silicon photonics technology and a … Read more
Intel investors remained resilient despite news of abandoned features and potential vulnerabilities affecting Intel’s next generation CPUs. The Arrow Lake Processors and 800 series chipsets will no longer support DDR4 memory, only DDR5, which could impact sales in the long run. Additionally, concerns over the Indirector side-channel attack and its impact on Intel processors have … Read more
Intel Corporation, listed on the NASDAQ as INTC, has been facing a challenging period as its stock performance has been lackluster in recent months. Despite previous expectations, Intel has not been able to outperform the overall market, with a 10% decline in the last year compared to a 25% gain in the S&P 500. This … Read more
Levi & Korsinsky, LLP has informed investors in Intel Corporation (NASDAQ: INTC) about a securities class action lawsuit. The lawsuit aims to recover losses for investors who were affected by alleged securities fraud between January 25, 2024, and April 25, 2024. Investors can learn more and contact the team by following the link provided. The … Read more
Hexagon Capital Partners LLC reduced its stake in Intel Co. (NASDAQ:INTC) by 13.9% in the first quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission. The institutional investor sold 1,212 shares, leaving them with 7,527 shares of the chipmaker, valued at $332,000. Other institutional investors have also made moves with … Read more