Page 52 - Client Computing Group News Today

Intel (NASDAQ:INTC – Get Free Report) had its price target lowered by research analysts at HSBC from $46.00 to $44.00 in a research report issued on Friday, Briefing.com reports. The brokerage currently has a “hold” rating on the chip maker’s stock. A number of other analysts have also weighed in on the stock. Raymond James […]

Intel reported that its fourth-quarter revenue was $15.4 billion, up 10% from a year earlier. But the Q1 forecast is weak.

Intel (NASDAQ:INTC – Get Free Report) had its price objective hoisted by The Goldman Sachs Group from $34.00 to $39.00 in a research report issued on Friday, Briefing.com reports. The brokerage currently has a “sell” rating on the chip maker’s stock. The Goldman Sachs Group’s price objective points to a potential downside of 11.36% from […]

Intel (NASDAQ:INTC – Get Free Report) had its price objective lifted by research analysts at Benchmark from $52.00 to $62.00 in a research note issued to investors on Friday, Briefing.com reports. The firm currently has a “buy” rating on the chip maker’s stock. Benchmark’s target price would indicate a potential upside of 40.91% from the […]

Intel reports adjusted EPS of $0.54 for the last three months of 2023, compared with $0.15 a year earlier, as well as an adjusted operating margin that improved by 12.4 points to 16.7%.The...

Intel is banking on the rise of AI to push PC shipments over pre-Covid levels. Analyst firms also expect AI to be a key driver this year.

AI disaster Chipzilla stock fell more than 10 per cent in premarket trade on Friday after the chipmaker reported fourth-quarter results that topped es...

Intel (NASDAQ:INTC – Get Free Report) updated its first quarter 2024 earnings guidance on Friday. The company provided earnings per share guidance of 0.130-0.130 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $12.2 billion-$13.2 billion, compared to the consensus revenue estimate of $14.2 billion. […]

Intel said it expects "meaningful revenue acceleration" for its nascent AI chip business this year after the sales pipeline for such products grew in the double...

Intels fourth quarter results demonstrate growth, but the companys 2023 revenue are down.