Intel Investors Might Be Happy to Hear This

By Jose Najarro – Jun 10, 2022 at 10:00AM

NASDAQ: INTC

Intel

Market Cap

$146B

Today's Change

(0.64%) $0.22

Current Price

$34.50

Price as of April 24, 2024, 4:00 p.m. ET

Unfortunately, there is also some bearish news for Intel.

Today's video focuses on bullish and bearish news affecting Intel's (INTC 0.64%) stock price. One bullish piece of news investors might enjoy is that Nvidia (NVDA -3.33%) has chosen Intel's server CPUs to power its DGX H100, Nvidia's newest system for artificial intelligence and data centers. In the video, I also discuss some bearish remarks by analysts that caused the stock price to tumble on Wednesday, June 8.

*Stock prices used were the market prices of June 8, 2022. The video was published on June 8, 2022.

Jose Najarro has positions in Nvidia. The Motley Fool has positions in and recommends Intel and Nvidia. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. The Motley Fool has a disclosure policy. Jose 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.