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
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
Broadcom Inc. (NASDAQ: AVGO) has emerged as a top contender in the realm of artificial intelligence (AI) stocks. The company’s stock has been gaining momentum in the AI sector, drawing attention from investors and analysts alike. With a strong presence in the semiconductor industry, Broadcom Inc. has positioned itself as a key player in the … Read more
Wolfe Research has observed rising market corrections and volatility as a result of AI-driven valuations, predicting that this trend will continue throughout the summer. They anticipate that large-cap tech stocks, the so-called ‘Magnificent Seven,’ will be favored by investors seeking stability amid upcoming economic uncertainties. As part of this group, Broadcom Inc. (NASDAQ:AVGO) stands out … Read more
Hennion & Walsh Asset Management Inc. has reduced its holdings in Intel Co. by 37.5% in the first quarter, selling 12,358 shares of the chipmaker. Other significant investors have also made changes to their positions, with New Millennium Group LLC increasing its holdings by 87.2% during the fourth quarter. Analysts have set new price targets … Read more
Amazon.com is prioritizing enterprise AI to provide customers with the tools they need, beyond just chatbots. Matt Garman, CEO of Amazon Web Services (AWS), emphasized that AI goes beyond chatbot applications. AWS offers services to help customers establish secure environments, utilize large language models, index enterprise data, and more. Various customers, like Pfizer, are using … Read more
Intel Corporation (NASDAQ: INTC) has seen a decline of 45% in its stock price over the past three years, compared to a market return of 18%. Additionally, the stock has fallen 30% in just one quarter, which is disheartening for shareholders. It is important for investors to analyze whether these poor performances are due to … Read more
Intel chip stock (NASDAQ:INTC) is making strides in the GPU market with their new Intel Arc Battlemage product line, specifically the BMG-G31 GPU. This new model is expected to be a powerful addition to the lineup, despite previous naming conventions implying higher numbers for lower-end processors. The G31 is set to have 32 Xe2 cores, … Read more
Mirador Capital Partners LP has increased its stake in Intel Co. (NASDAQ: INTC) by 1.4% in the first quarter, according to a recent filing with the SEC. The firm now owns 103,485 shares of the chipmaker, worth $4,571,000. Other institutional investors have also adjusted their holdings in Intel, with some increasing their stakes and others … Read more
Oak Asset Management LLC has increased its stake in Intel Co. by 0.4% during the first quarter, according to a recent filing with the Securities and Exchange Commission. The fund now owns 134,058 shares of the chipmaker, making it the 12th largest holding in their portfolio. Other hedge funds and institutional investors have also made … Read more