Why Intel Stock Popped on Friday

Intel (NASDAQ: INTC) stock gained 2.5% through 10 a.m. ET Friday on positive comments about the computer hardware titan's progress building a computer software business.

As Reuters reports, Intel chief technology officer Greg Lavender painted a positive picture of Intel's software prospects, saying the company is on course for $1 billion in software sales through 2027.

Reuters described the figure as "cumulative," but that may be incorrect. What Lavender actually said was: "I have a goal of getting to $1 billion of software and developer cloud subscription revenue," with a focus on artificial intelligence (AI), performance, and cybersecurity software.

Source Fool.com

Intel Corp. Aktie

Intel Corp. muss heute leichte Verluste wegstecken. Die Aktie notiert im Vergleich zu gestern um -0,19 % tiefer.
Die Community bevorzugt leicht Intel Corp., mit etwas mehr Buy- (31) als Sell-Einschätzungen (12).
Für Intel Corp. sieht die Community ein Kursziel von 38 €, was eine erhebliche Steigerung um über 50% gegenüber dem aktuellen Kurs von 21.4 € bedeutet.

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