Reported about 15 hours ago
Intel is set to announce its third-quarter earnings later this week, and traders expect significant volatility, with shares projected to swing nearly 10% in either direction. The stock's price could reach around $42 or drop to just above $32, influenced by recent optimism surrounding the federal government's stake in the company and contributions from investors like Nvidia. Analysts are cautious, with most recommending a 'Hold' rating amidst uncertainty about the company's foundry business.
Source: YAHOO