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Intel just cleared its dot-com-era ceiling after earnings: Chart of the Day [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The move comes amid Intel's best month in at least 50 years. The stock had already been pressing into the same zone that capped it in 2020 and 2021, just below its 2000 peak. NasdaqGS - Nasdaq Real Time Price • USD Intel Corporation (INTC) Follow View Quote Details At close: April 23 at 4:00:01 PM EDT Pre-Market: 7:10:12 AM EDT Advanced Chart On a long-term chart, that means Intel has effectively been stuck in a giant trading range since the mid-1990s. Big bases can take time to resolve. Large-cap energy ( XLE ) spent two decades backing and filling before finally breaking out this year. But the move for Intel going into earnings was already enormous. Just prior to the report, Intel was up over 60% from its March 30 low and had added nearly $130 billion in market value during its blistering run, making it one of the biggest gainers in semis over that stretch. Among megacap chip names above $100 billion in market value, only Marvell ( MRVL ) has done better.
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- AMD stock jumps to record high on upgrade, Intel results [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Intel (INTC) was given a new $75.00 price target by Robert W. Baird.[MarketBeat]
- Intel (INTC) was given a new $95.00 price target by Evercore Inc.[MarketBeat]
- Intel (INTC) was upgraded by Roth Mkm from "neutral" to "buy". They now have a $100.00 price target on the stock.[MarketBeat]
- Meta to use Amazon Graviton chips to power AI services [Yahoo! Finance Canada][Yahoo! Finance Canada]
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