Why Is Everyone Talking About Intel Stock?

By Parkev Tatevosian, CFA – May 1, 2024 at 8:00AM

NASDAQ: INTC

Intel

Market Cap

$132B

Today's Change

(0.50%) $0.15

Current Price

$31.20

Price as of May 15, 2024, 2:47 p.m. ET

Intel is spending billions to develop its foundry business.

Fool.com contributor Parkev Tatevosian discusses the choices that led to the development of Intel's (INTC 0.50%) foundry segment.

*Stock prices used were the afternoon prices of April 28, 2024. The video was published on April 30, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.