|Bid||92.05 x 1100|
|Ask||92.11 x 1000|
|Day's range||90.19 - 92.37|
|52-week range||67.02 - 99.23|
|Beta (5Y monthly)||2.05|
|PE ratio (TTM)||38.69|
|Earnings date||27 Jul 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Apr 1995|
|1y target est||104.79|
Intel (NASDAQ: INTC), the world's largest manufacturer of x86 CPUs for PCs and data centers, is closely scrutinized by tech and financial pundits. Back in 1965, Intel's co-founder Gordon Moore predicted the number of transistors within the same area of silicon would double every year. Using Moore's Law as its foundation, Intel deployed a "tick-tock" cycle for chip upgrades: Each "tick" produced a smaller chip with a higher density, while each "tock" upgraded its architecture but didn't reduce its size.
Garrett Nelson, Senior Equity Analyst, CFRA Research, joins Yahoo Finance to discuss the hit to General Motors’s truck production due to the chip shortage and the impact of the shortage to the overall auto industry.
Intel’s stock slumped on Friday after the company warned investors about how it would face a chip shortage into 2023 in its earnings report. Anand Srinivasan, Bloomberg Intelligence Analyst, joins Yahoo Finance’s Akiko Fujita and Zack Guzman, to discuss Intel’s earnings, how the chip shortage will continue to impact it, and what to make of the chip space overall.