Fool.com contributor Parkev Tatevosian elaborates on what this recent news could mean for Intel (INTC +3.25%) stock investors.
*Stock prices used were the afternoon prices of Sept. 17, 2024. The video was published on Sept. 19, 2024.
Intel Stock Analysis: Here's What You Need to Know About the Recent Major Announcement
By Parkev Tatevosian, CFA – Sep 20, 2024 at 8:59AM
NASDAQ: INTC
Intel
Market Cap
$185B
Today's Change
(3.25%) $1.25
Current Price
$39.52
Price as of October 27, 2025 at 3:58 PM ET
Intel is finally pushing the pause button on its multi-billion-dollar expansion plans.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.