Intel giving up on augmented-reality glasses, wearables [MarketWatch]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
Check Earnings Report
US:NASDAQ Investor Relations:
intc.com/investor-relations/default.aspx
Company Research
Source: MarketWatch
Intel giving up on augmented-reality glasses, wearables Intel Corp. INTC, +0.13% said late Wednesday it is shutting its New Devices Group, which developed augmented-reality and consumer wearables projects. "Intel is continuously working on new technologies and experiences. Not all of these develop into a product we choose to take to market," the chip giant said in a statement, citing its Vaunt augmented-reality glasses as a product that will not be released to consumers. "We are going to take a disciplined approach as we keep inventing and exploring new technologies, which will sometimes require tough choices when market dynamics don't support further investment," Intel said. The news was first reported by The Information , which said the move may result in "some layoffs" in the group, which numbered about 200 employees earlier this year.
Show less
Read more
Impact Snapshot
Event Time:
INTC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INTC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INTC alerts
High impacting Intel Corporation news events
Weekly update
A roundup of the hottest topics
INTC
News
- Global Electronic Chemicals and Materials Market 2024-2028: Semiconductor Applications Forecast to Dominate Amid Rising Demand and Technological Advancements, China to be the Fastest-Growing Market [Yahoo! Finance]Yahoo! Finance
- Micron Poised to Get Over $6 Billion in Chips Grants in Announcement Next Week [Yahoo! Finance]Yahoo! Finance
- Micron Poised to Get Over $6 Billion in Chips Grants in Announcement Next Week [BNN Bloomberg (Canada)]BNN Bloomberg
- Intel Co. (NASDAQ: INTC) had its price target lowered by analysts at Susquehanna from $42.00 to $40.00. They now have a "neutral" rating on the stock.MarketBeat
- Intel Co. (NASDAQ: INTC) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $40.00 price target on the stock.MarketBeat
INTC
Earnings
- 1/25/24 - Beat
INTC
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- INTC's page on the SEC website