US4581401001 - Common Stock
INTEL CORP
NASDAQ:INTC (11/21/2024, 11:01:08 AM)
24.32
+0.31 (+1.29%)
Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. The company is headquartered in Santa Clara, California and currently employs 124,800 full-time employees. The company operates through three segments: Intel Products, Intel Foundry, and All Other. Its Intel Products segment includes Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX). The CCG is focused on long-term operating system, system architecture, hardware, and application integration that enable PC experiences. Its DCAI segment offers workload-optimized solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers. Its NEX segment helps networks and edge compute systems from inflexible fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud-native software on programmable hardware. The Intel Foundry segment comprises Foundry Technology Development, Foundry Manufacturing and Supply Chain, and Foundry Services organizations. All Other segments include Altera, Mobileye, Other.
INTEL CORP
Rnb-4-151, 2200 Mission College Blvd
Santa Clara CALIFORNIA 95054
P: 14087658080
CEO: Robert H. Swan
Employees: 124800
Website: https://www.intel.com/
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Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 6.2% in the morning session after the company announced its plans to diversify from the smartphone market by the end of the decade during its IoT and Automotive Diversification Investor Day event. However, the stock's reaction suggests markets are struggling to digest the short-term hit to revenues as Qualcomm shifts its focus from producing chips for the smartphone market—including big players like Apple. Qualcomm added that Apple could stop buying its chips as early as 2027.
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 6.2% in the morning session after the company announced its plans to diversify from the smartphone market by the end of the decade during its IoT and Automotive Diversification Investor Day event. However, the stock's reaction suggests markets are struggling to digest the short-term hit to revenues as Qualcomm shifts its focus from producing chips for the smartphone market—including big players like Apple. Qualcomm added that Apple could stop buying its chips as early as 2027.
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