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Intel Corp (INTC.OQ)

INTC.OQ on NASDAQ Stock Exchange Global Select Market

68.47USD
24 Jan 2020
Change (% chg)

$5.15 (+8.13%)
Prev Close
$63.32
Open
$66.52
Day's High
$69.28
Day's Low
$66.46
Volume
19,634,634
Avg. Vol
6,743,665
52-wk High
$69.28
52-wk Low
$42.86

Latest Key Developments (Source: Significant Developments)

Intel Corp Says 7nm Lead Product On-Track For Q4'21
Friday, 24 Jan 2020 

Jan 23 (Reuters) - Intel Corp ::INTEL CORP - 7NM LEAD PRODUCT, PONTE VECCHIO, ON-TRACK FOR Q4’21.INTEL CORP- QTRLY CCG OPERATING INCOME UP FROM LOWER SPENDING DRIVEN BY 5G SMARTPHONE MODEM EXIT.INTEL CORP - RECORD OPERATING INCOME IN QUARTER FROM DCG WHILE RAMPING 10NM CAPACITY - PRESENTATION.INTEL CORP - ADDING 25% 2020 WAFER CAPACITY TO SUPPORT HIGH-SINGLE DIGIT PC UNIT VOLUME GROWTH.INTEL CORP - "10NM YIELD AHEAD OF EXPECTATIONS… ACCELERATING TRANSITION WITH NINE PRODUCT RELEASES IN 2020".  Full Article

Intel Corp Sees Q1 Non-GAAP Earnings Per Share Of About $1.30
Friday, 24 Jan 2020 

Jan 23 (Reuters) - Intel Corp ::FOURTH-QUARTER EARNINGS PER SHARE (EPS) OF $1.58 ($1.52 ON A NON-GAAP BASIS)..FOURTH-QUARTER REVENUE WAS $20.2 BILLION, UP 8 PERCENT.EXPECTING 2020 REVENUE OF ABOUT $73.5 BILLION AND Q1 REVENUE OF ABOUT $19.0 BILLION.“IN 2019, WE GAINED SHARE IN AN EXPANDED ADDRESSABLE MARKET THAT DEMANDS MORE PERFORMANCE TO PROCESS, MOVE AND STORE DATA".QTRLY DCG REVENUE $7.2 BILLION UP 19%.SEES Q1 GAAP EARNINGS PER SHARE ABOUT $1.23 AND NON-GAAP EARNINGS PER SHARE ABOUT $1.30.Q4 EARNINGS PER SHARE VIEW $1.25, REVENUE VIEW $19.23 BILLION -- REFINITIV IBES DATA.SEES FY 2020 GAAP EARNINGS PER SHARE OF $4.71.SEES FY NON-GAAP EARNINGS PER SHARE ABOUT $5.00.QTRLY CCG REVENUE $10.0 BILLION UP 2%.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $17.19 BILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $4.68, REVENUE VIEW $72.25 BILLION -- REFINITIV IBES DATA.INTEL - SEES FY CAPITAL SPENDING ABOUT $17.0 BILLION.QTRLY REVENUE UP VERSUS OCTOBER GUIDANCE LED BY RECORD DATA-CENTRIC REVENUE, UP 15% YOY.INTEL-Q4 DCG REVENUE DRIVEN BY DEMAND FROM CLOUD SERVICE PROVIDER CUSTOMERS, STRONG MIX OF HIGH-PERFORMANCE 2ND-GENERATION INTEL XEON SCALABLE PROCESSORS.INTEL- Q4 PC-CENTRIC BUSINESS REVENUE WAS UP ON HIGHER MODEM SALES AND DESKTOP PLATFORM VOLUMES.ANNOUNCES FIVE PERCENT INCREASE TO QUARTERLY CASH DIVIDEND.APPROVED A 5% CASH DIVIDEND INCREASE TO $1.32 PER SHARE ON AN ANNUAL BASIS.  Full Article

Intel Corp Says Increasing Supply Output In Response To Stronger Than Expected Demand
Friday, 25 Oct 2019 

Oct 24 (Reuters) - Intel Corp ::INTEL CORP SAYS INCREASING SUPPLY OUTPUT IN RESPONSE TO STRONGER THAN EXPECTED DEMAND - PRESENTATION.INTEL CORP - INCREASED SHARE BUYBACK AUTHORIZATION BY $20 BILLION.INTEL CORP - REPURCHASING $20 BILLION IN SHARES IN NEXT 15-18 MONTHS.  Full Article

Intel Q3 Non-GAAP EPS Of $1.42
Friday, 25 Oct 2019 

Oct 24 (Reuters) - Intel Corp ::THIRD-QUARTER REVENUE OF $19.2 BILLION.Q3 REVENUE VIEW $18.05 BILLION -- REFINITIV IBES DATA.NOW EXPECTING FULL-YEAR GAAP EPS OF $4.42 AND RAISING FULL-YEAR NON-GAAP EPS OUTLOOK TO $4.60..QTRLY GAAP EPS OF $1.35 DECLINED 2 PERCENT YOY; NON-GAAP EPS OF $1.42 WAS UP 1 PERCENT..RAISING FULL-YEAR REVENUE OUTLOOK TO $71 BILLION, UP $1.5 BILLION FROM JULY GUIDANCE.Q3 EARNINGS PER SHARE VIEW $1.24 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.39, REVENUE VIEW $69.43 BILLION -- REFINITIV IBES DATA.QTRLY CCG REVENUE $9.7 BILLION DOWN 5%.QTRLY DCG REVENUE $6.4 BILLION UP 4%.  Full Article

Intel says Karen Walker Joins Intel As SVP & Chief Marketing Officer
Monday, 30 Sep 2019 

Sept 30 (Reuters) - Intel Corp ::KAREN WALKER JOINS INTEL AS SENIOR VICE PRESIDENT AND CHIEF MARKETING OFFICER.INTEL CORP - WALKER JOINS INTEL FROM CISCO, WHERE SHE WAS CHIEF MARKETING OFFICER SINCE 2015..  Full Article

Intel Promotes Gregory Bryant & Michelle Johnston Holthaus To Executive Vice President
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Intel Corp ::INTEL CORP - GREGORY BRYANT WAS PROMOTED TO EXECUTIVE VICE PRESIDENT.INTEL CORP - MICHELLE JOHNSTON HOLTHAUS WAS PROMOTED TO EXECUTIVE VICE PRESIDENT.  Full Article

Intel Declares Quarterly Cash Dividend
Friday, 13 Sep 2019 

Sept 13 (Reuters) - Intel Corp ::INTEL DECLARES QUARTERLY CASH DIVIDEND.INTEL CORP - BOARD OF DIRECTORS HAS DECLARED A QUARTERLY DIVIDEND OF $0.315 PER SHARE ($1.26 PER SHARE ON AN ANNUAL BASIS) ON COMPANY'S COMMON STOCK.  Full Article

Apple In Advanced Talks To Buy Intel's Smartphone-Modem Chip Business - WSJ
Tuesday, 23 Jul 2019 

July 22 (Reuters) - :APPLE IN ADVANCED TALKS TO BUY INTEL'S SMARTPHONE-MODEM CHIP BUSINESS - WSJ.APPLE WOULD PAY $1 BILLION OR MORE FOR INTEL PATENTS, STAFF; DEAL COULD BE REACHED IN THE NEXT WEEK- WSJ.  Full Article

Intel Declares Quarterly Cash Dividend
Thursday, 18 Jul 2019 

Intel Corp ::INTEL DECLARES QUARTERLY CASH DIVIDEND.INTEL CORP - BOARD OF DIRECTORS HAS DECLARED A QUARTERLY DIVIDEND OF $0.315 PER SHARE.INTEL CORP - DECLARED A QUARTERLY DIVIDEND OF $0.315 PER SHARE.  Full Article

Apple In Talks To Buy Intel's German Modem Unit - The Information
Wednesday, 12 Jun 2019 

June 11 (Reuters) - :APPLE IN TALKS TO BUY INTEL'S GERMAN MODEM UNIT - THE INFORMATION, CITING SOURCES.  Full Article

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Intel's blockbuster results lift shares to dotcom peak, fire up sector

Intel Corp's shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector.