Shares of Intel Corporation (INTC) ended the trading day Monday at $55.44,
representing a move of -2.15%, or $1.22 per share, on volume of 61.37 million shares.
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.
After opening the trading day at $56.38, shares of Intel Corporation traded between a range of $54.06 and $56.50. Intel Corporation currently has a total float of 4.06 billion
shares and on average sees n/a shares exchange hands each day.
The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $69.30 and low of $43.62 over the last year.
Intel Corporation is based out of Santa Clara, CA, and has 110,800 employees. The company’s CEO is Robert H. Swan.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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