Intel Corporation is a Intel Corp is one of the world’s largest chipmakers. It designs and manufactures microprocessors for the global personal computer and data center markets.
Among the S&P 500’s biggest fallers on Friday December 18 was Intel Corporation (INTC). The stock experienced a 6.3% decline to $47.46 with 110.71 million shares changing hands.
Intel Corporation started at an opening price of 50.57 and hit a high of $50.68 and a low of $47.11. Ultimately, the stock took a hit and finished the day at $3.19 per share. Intel Corporation trades an average of n/a shares a day out of a total 4.1 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Intel Corporation hit a high of $69.30 and a low of $43.62 over the last year.
Intel Corp is one of the world’s largest chipmakers. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It is also the prime proponent of Moore’s law for advances in semiconductor manufacturing. While Intel’s server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has declined. These include areas such as the Internet of Things, memory, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, recently acquiring Altera, Mobileye, Nervana, Movidius, and Habana Labs in order to assist its efforts in non-PC arenas.
With its headquarters located in Santa Clara, CA, Intel Corporation employs 110,800 people. After today’s trading, the company’s market cap has fallen to $194.49 billion, a P/S of n/a, a P/B of 2.61, and a P/FCF of n/a.