What's Going On With Intel Stock?
Portfolio Pulse from Ryan Gustafson
Intel Corporation's shares are trading lower due to a downward trend in semiconductor and chip stocks and news that Taiwan Semiconductor Mfg. Co. Ltd. has asked its suppliers to postpone high-end chipmaking equipment delivery. This could impact Intel's supply chain and production capabilities. Despite this, Intel introduced a range of technologies at its Intel Innovation 2023 event and its stock is up 41.87% year-to-date.
September 19, 2023 | 8:14 pm
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NEGATIVE IMPACT
Intel's stock is trading lower due to a downward trend in chip stocks and TSMC's decision to postpone equipment delivery. This could impact Intel's supply chain and production capabilities.
Intel's stock is trading lower due to a downward trend in chip stocks and TSMC's decision to postpone equipment delivery. This could impact Intel's supply chain and production capabilities, which could negatively affect the company's performance and, consequently, its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100