Intel

Truist Securities: Maintains Intel (NASDAQ:INTC) hold rating and $29 price target.

Intel (NASDAQ:INTC) Reaffirms Q1 2023 Guidance; Revenue Of $10.5B-$11.5B, EPS Of $(0.80) On GAAP Basis & $(0.15) On Non-GAAP Basis.

Intel (NASDAQ:INTC) CEO: HAS REDUCED ITS CAPACITY CAPEX BUDGET AND IS STILL INVESTING IN TECHNOLOGY AND FOUNDRY. There will be no “billions or tens of billions of dollars” of capital investment in plant equipment until a “stronger customer commitment” is obtained.

Intel (NASDAQ:INTC) announced that it will reduce its quarterly dividend to $0.125 per share from $0.365.

Intel Corp. (NASDAQ:INTC) Stock price trend forecast and trading range: Updated to: 2023.1.27 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart ———————————————– Short-term trend: bearish Sell high and buy low of range : $26.5 – $30 Support: $26.5 resistance: $30 Stop Loss Price: $26.5 price target: $30 Buy the position again: stop fall and rise to $26.5 Medium-term trend: neutral High sell low buy range: $26 – $31 Support: $26 resistance: $31 Stop Loss price: $26 price target: $31 Buy the position again: stop fall and rise to $26 Long-term trend: bearish High sell low buy of range: $26 – $36 Support : $26 resistance: $36 Stop Loss price: $26 price target : $36 Buy the position again: stop fall and rise to $26 ————————————————————————- From Analysis from financial statements: In Q4 2022 revenue of US$14.042

Intel Corp. (NASDAQ:INTC)  CEO Pat Gelsinger said Friday that the company sees Italy as just one of several countries considering setting up new chip factories and will make a decision by the end of the year.