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How innovation died at Intel: America's only leading-edge chip manufacturer faces an uncertain future and lawsuits [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Intel's ( INTC ) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report . Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. In November, an ascendant Nvidia ( NVDA replaced Intel in the Dow Jones Industrial Average. A month later, CEO Pat Gelsinger resigned after taking the helm in February 2021. And on Wednesday the company was hit with yet another lawsuit filed by shareholders — this time seeking damages related to substantial losses from its struggling foundry division But company insiders and industry analysts tell Yahoo Finance that Intel's dramatic crash is the result of a slow deterioration spanning more than two decades. “They had a God complex; they were super arrogant,” a former high-level executive who worked at Intel for more than 20 years told Yahoo Finance. “The [Read more]
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Stockreport

How innovation died at Intel: America's only leading-edge chip manufacturer faces an uncertain future and lawsuits [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Intel's ( INTC ) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report . Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. In November, an ascendant Nvidia ( NVDA replaced Intel in the Dow Jones Industrial Average. A month later, CEO Pat Gelsinger resigned after taking the helm in February 2021. And on Wednesday the company was hit with yet another lawsuit filed by shareholders — this time seeking damages related to substantial losses from its struggling foundry division But company insiders and industry analysts tell Yahoo Finance that Intel's dramatic crash is the result of a slow deterioration spanning more than two decades. “They had a God complex; they were super arrogant,” a former high-level executive who worked at Intel for more than 20 years told Yahoo Finance. “The [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS