Intel shares jumped by 3.53% today after the company revealed that it is planning to list the shares of self-driving car unit Mobileye by mid-next year.
Today’s upward surge could be the beginning of a long-term bull run as the stock struggles to reclaim its previous highs.
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To help stock investors interested in investing in Intel stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Intel stock?
Intel stock is the stock of Intel Corporation and it trades on the NASDAQ Stock Exchange under the symbol NASDAQ: INTC.
Intel Corporation is an American multinational technology company whose headquarters are in Santa Clara, California. It is the largest microprocessor chip manufacturer by revenue.
Intel supplies HP, Lenovo, and Dell, among other computer system manufacturers with microprocessors. Besides microprocessors, it also produces flash memory, integrated circuits, motherboard chipsets, graphics chips, embedded processors, and network interface controllers among other computing devices.
Should I buy NVDA stock today?
If you want to buy a stock dip you can take advantage of the NVDA stock price dip. The stock has been on the rise since January 2019 and it is expected to resume the bullish trend pretty soon.
Intel stock price prediction
The Intel stock price is expected to rise towards $60 following the news of the listing of its self-driving car unit Mobileye.
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