Intel Corporation (INTC) Stock Price Rises by 2.16% on November 1, 2023

INTC (Intel Corporation) Stock Price

On November 1, 2023, Intel Corporation (NASDAQ: INTC) had a closing stock price of $37.29 per share. The stock experienced a positive change of $0.79, representing a 2.16% increase in its value on that day. 

INTC (Intel Corporation) Stock Analysis

On November 1, 2023, Intel Corporation (INTC) exhibited a positive performance in the stock market. The company's stock was valued at $37.29, reflecting a 2.16% increase, with a gain of $0.79 compared to the previous day's closing price of $36.50. Throughout the trading session, INTC had a daily price range that spanned from a low of $36.28 to a high of $37.32, indicating fluctuations in investor sentiment.

In the pre-market session, Intel opened at $37.43, signaling early investor interest with a 0.38% increase and a gain of $0.14. The stock's 52-week performance showcased a range between $24.73 (the low) and $40.07 (the high), underlining its price volatility.

Intel's market capitalization stands at $157.21 billion, and it offers a dividend yield of 1.34%, making it an appealing option for income-seeking investors. Overall, on November 1, INTC displayed positive momentum with an uptick in value, reaffirming its position in the market.

INTC (Intel Corporation) Stock-Key Data

INTC (Intel Corporation) 

Intel Corporation, commonly known as Intel, is a renowned American multinational technology company headquartered in Santa Clara, California. Established on July 18, 1968, Intel has played a pivotal role in the development of the semiconductor industry and the rise of Silicon Valley as a high-tech hub.

It was founded by semiconductor pioneers Gordon Moore, Robert Noyce, and venture capitalist Arthur Rock, with its early leadership characterized by the visionary contributions of Andrew Grove.

Intel is widely recognized as one of the world's largest semiconductor chip manufacturers in terms of revenue. The company is a key developer of the x86 series of instruction sets, which are integral to most personal computers (PCs) globally.

Over the years, Intel has expanded its product portfolio to include microprocessors, motherboard chipsets, network interface controllers, integrated circuits, flash memory, graphics chips, embedded processors, and various other devices related to communications and computing.