Intel seeks billions for minority stake in Altera business, sources say [MSNBC.com]
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: MSNBC.com
In this articlePat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesIntel is looking for a deal that values Altera at around $17 billion, said the people, who requested anonymity to speak freely about confidential information. Intel purchased Altera for $16.7 billion in 2015.Following a steep drop in its stock price andextended stretch of market share lossesA representative for Intel declined to comment. The sale process represents an abrupt change from Intel's prior commentary on Altera. As recently last month, CEO Pat Gelsinger said that Intel's leadership considered the business to be a core part of Intel's future.Intel has previously said it could look to monetize Altera business through an IPO, possibly as soon as 2026. But the idea of taking st
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
- Intel seeks billions for minority stake in Altera business, sources say [CNBC]CNBC
- Intel rises even as Goldman Sachs cuts earnings estimates on 'muted' PC demand [Seeking Alpha]Seeking Alpha
- Intel Co. (NASDAQ: INTC) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $22.00 to $21.00. They now have a "sell" rating on the stock.MarketBeat
- Intel faces headwinds in China as trade body calls for security probe [MSNBC.com]MSNBC.com
- Intel faces headwinds in China as trade body calls for security probe [CNBC]CNBC
INTC
Earnings
- 8/1/24 - Beat
INTC
Sec Filings
- 10/1/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form 4
- INTC's page on the SEC website