Fool.com contributor Parkev Tatevosian elaborates on what this recent news could mean for Intel (INTC -2.91%) stock investors.
*Stock prices used were the afternoon prices of Sept. 17, 2024. The video was published on Sept. 19, 2024.
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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
$91B
Today's Change
(-2.91%) -$0.60
Current Price
$20.16
Price as of June 13, 2025, 3:50 p.m. ET
Intel is finally pushing the pause button on its multi-billion-dollar expansion plans.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: short November 2024 $24 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.
Stocks Mentioned
Intel
INTC
$20.16
(-2.91%)
$0.60
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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