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Not surprisingly, Intel stock plunged on the news, closing down 26% on Friday. Shares are now at their lowest point in over a decade. ... Intel trades at a price just north of $20 a share, meaning ...
Sell-offs for Intel (NASDAQ: INTC) stock continued Wednesday. The semiconductor company's share price ended the day's trading down 2.7%, according to data from S&P Global Market Intelligence .
Chip giant Intel's stock price cratered than 26% on Friday trading, closing out one of its worst trading days in 40 years.The massive declines followed a disastrous second quarter earnings report ...
Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% ...
Intel (NASDAQ: INTC) stock fell again in Friday's trading. The company's share price closed out the daily session down 3.8%, according to data from S&P Global Market Intelligence .
In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion cost ...
August 6, 2024 at 2:15 AM. Intel 's (NASDAQ: INTC) CEO Pat Gelsinger said he was disappointed by the chipmaker's second-quarter results -- and he wasn't the only one. The market sanctioned the ...
The government's $8.5 billion funding will augment the company's $100 billion investment in US manufacturing over the next five years. And in case the company needs more money, it can borrow up to ...