Archive for Tag: Intel stock

Intel

Intel to invest $7 billion in new plant in Malaysia, creating 9,000 jobs

Intel (NASDAQ:INTC) is trading up 1.95% at 50.67 Intel Corp will invest more than $7 billion to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors. The new advanced packaging facility...

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Intel Tanks as Revenue Falls Short, Guides for Lower Margins

Intel (NASDAQ:INTC)is trading up 1.14% at 56.00 Intel stock (NASDAQ:INTC) plunged 10% in Friday’s premarket trading as third-quarter revenue fell short of its own guidance and the chipmaker predicted lower margins in the years ahead. Lower revenue from the key segment of datacentre chips weighed especially on the results,...

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Top 5 Stocks To Watchout & Trade Today – July 23, 2021

1.INTEL : Intel  stock was down 1.7% in Friday’s premarket trading following a disappointing forecast for the ongoing financial year that hinted at ongoing loss of market share in providing data centers with silicon chips. and chief executive Pat Gelsinger’s comments indicating a stretched period for chip shortages. The company...

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