44.62 +0.09 (0.20%)
After hours: 7:59PM EDT
|Bid||44.55 x 1300|
|Ask||44.62 x 1200|
|Day's range||44.44 - 45.14|
|52-week range||39.37 - 57.60|
|Beta (3Y Monthly)||1.08|
|PE ratio (TTM)||16.06|
|Earnings date||25 Oct 2018|
|Forward dividend & yield||1.20 (2.67%)|
|1y target est||55.26|
Microsoft and Intel today unveiled new research from Techaisle, a leading global SMB IT market research and analyst organization, which highlighted the opportunities that Asia Pacific's SMBs have by upgrading to modern devices at work. The study, which surveyed 2,156 SMB organizations across Asia Pacific, found that the cost of keeping a PC more than four years old is US$2,736 per device -- enough to replace the ageing hardware with two or more new PCs.
Driverless cars have captured the public imagination, but the technology can be applied on the high seas as well.
The world is moving toward the data economy, and Intel (INTC) is at the center of this trend. Intel is investing in the four fast-growing markets of 5G, AI, IoT, and autonomous vehicles. Intel has partnered with several Chinese companies.
Intel (INTC) is seeing a strong revenue uptick from its transition to the data-centric business. While the PC business is still the biggest contributor to Intel’s revenue and operating income, the data center business has the highest operating margin. The company has been looking to improve its profits by investing in product leadership of the fast-growing markets of AI, server, 5G, gaming PC CPUs (central processing units), and more.
Intel (INTC) is at the center of the data economy. Intel manufactures a majority of its semiconductors at its US facility and outsources assembly to Chinese companies. It also has a memory plant in China where it manufactures 3D NAND (negative AND) and 3D XPoint-based products.
Intel (INTC) has been transitioning its business from a PC-centric company to a data-centric company. The contribution of the data-centric business toward the company’s revenues rose from 33.0% five years ago to its current level of 50.0%. Each of Intel’s data-centric businesses has been growing at a double-digit rate on a YoY (year-over-year) basis.
Intel Corporation (NASDAQ:INTC) has pleased shareholders over the past 10 years, by paying out dividends. The stock currently pays out a dividend yield of 2.7%, and has a market cap Read More...
Swedbank, one of Sweden’s largest banks, disclosed Thursday that it initiated large positions in those stocks in the third quarter.
The second round of the US tariffs on $200 billion of Chinese (FXI) imports includes connected devices. The above HTS category includes modems, Wi-Fi routers, gateways, cell tower radios, Bluetooth-enabled devices, and any component used to connect to the Internet and mobile networks. According to a study by the CTA (Consumer Technology Association), 10.0%–25.0% tariffs on connected devices would increase the price of these products by 8.5%–22% and reduce their consumption by 6%–12%.
October started with a sharp drop in the stock markets as the Federal Reserve increased interest rates by 25 basis points to 2.25%. This was the highest interest rate level since 2008 when the Fed cut rates to near zero to tackle the recession. The stock market reacted after a few days as investors adjusted their financial models.
Wednesday’s selling pulled down the broader market indexes and most tech companies, but the chip stocks declined for their fifth straight day on Wednesday. The tech-heavy NASDAQ 100 index also tumbled 7%. NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), and Marvell Technology (MRVL) were among the stocks that suffered the most during the sell-off. NVIDIA, AMD, Broadcom, and Marvell fell 7.5%, 8.2%, 5.3%, 5.9%, respectively.
Third quarter PC shipments benefit from improving demand from businesses customers but weakness in consumer PC market is a concern.
Among these groups were SIA (Semiconductor Industry Association), SEMI (Semiconductor Equipment and Materials International), and the CTA (Consumer Technology Association). Despite this domestic opposition, President Donald Trump went ahead with the tariffs. The Trump administration stated that tariffs were important as there is no trade agreement that would put an end to China’s anti-competitive policies and better protect American intellectual property.
The United States is imposing tariffs on Chinese (FXI) imports, and China is retaliating with tariffs on US imports. This is disrupting the global supply chain, significantly impacting the US semiconductor industry, which manufactures chips in China.
Intel (INTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Semiconductor companies have started to feel the impact of the US-China trade war. In September, memory chip maker Micron Technology (MU) reported weaker guidance for the November quarter for several reasons, one of which was tariffs. It stated that the new tariffs would reduce its gross margin by 50–100 basis points.
President Donald Trump implemented the second round of tariffs on $200.0 billion in Chinese (FXI) imports on September 24. During the announcement of the second round of tariffs, Trump also warned that his administration planned to impose a third round of tariff on another $267.0 billion in Chinese imports. If Trump implements this latest round of tariffs, almost all Chinese imports would fall under this program.