Intel Corporation (NASDAQ:INTC) started an accelerated downtrend in August. The company lost 27% of its market value since then, and investors may be concerned about the near future. Looking at analysts forecasts, it seems that there may be some more pain ahead. We break down the fundamentals, future expectations, and see what that means for investors in our analysis.
Companies are still struggling to get enough computer chips for their products to meet customer demand. For reference, the iShares Semiconductor ETF (NASDAQ: SOXX) is down 38% year to date. Here's why Applied Materials (NASDAQ: AMAT) is a monster opportunity for investors amid this global chip shortage.
(Bloomberg) -- One of Apple Inc.’s most senior executives is leaving after he turned up in a viral video on TikTok making an off-color joke that he fondles “big-breasted women” for a living.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across TeamsMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsPutin Says Annexation