What's Going On With Intel Stock?
Portfolio Pulse from Ryan Gustafson
Intel Corporation (NASDAQ:INTC) shares moved higher on Monday ahead of its Q2 2023 financial results announcement on July 27. The company's stock has seen activity in the past month with several price target changes ranging from $17 to $39. China's restrictions on the export of metals used in chip production also impacted semiconductor and chip companies, including Intel.
July 17, 2023 | 8:00 pm
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Intel's stock moved higher ahead of its Q2 2023 results. The stock has seen price target changes and was also impacted by China's export restrictions on metals used in chip production.
Intel's stock moved higher, indicating positive investor sentiment ahead of its Q2 2023 results. The price target changes suggest varying analyst opinions on the stock's value. China's export restrictions on metals used in chip production could potentially impact Intel's production costs and supply chain, affecting its future earnings.
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