Previous close | 42.75 |
Open | 39.06 |
Bid | 38.60 |
Ask | 39.45 |
Strike | 110.00 |
Expiry date | 2025-01-17 |
Day's range | 39.04 - 39.06 |
Contract range | N/A |
Volume | |
Open interest | 707 |
Great Hill Capital Chairman Thomas Hayes joins Yahoo Finance Live to discuss semiconductor demand, chip stocks, and the outlook for the industry despite macro economic headwinds.
Investors have rallied around Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD), with both companies' shares up more than 10% in the new year. Apple has a variety of new products launching this year, including one that will see it venture into a high-growth market. Meanwhile, AMD's booming data center business recently got a huge leg up on Intel, one of its biggest competitors.
Intel's (NASDAQ: INTC) stock dropped 6% on Jan. 27 in response to its dismal fourth-quarter earnings report. For the full year, Intel's adjusted revenue and earnings fell 16% and 65%, respectively, as it grappled with the post-pandemic slowdown of the PC market, stiff competition from AMD (NASDAQ: AMD), and macro headwinds across the data center market. Intel clearly faces tough near-term headwinds, but its stock has already slumped to its lowest levels in nearly six years.