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2 Reasons Intel Corp. Stock Just Crossed $40 Per Share

TheMotleyFool 
0 0 18.10.17
2 Reasons Intel Corp. Stock Just Crossed $40 Per Share
 
2 Reasons Intel Corp. Stock Just Crossed $40 Per Share

During the Oct. 18 trading session, shares of chipmaker Intel (NASDAQ: INTC) crossed $40 per share, a level that they haven't seen for nearly two decades.

In this articles, I'd like to go over two reasons why shares of this chipmaker are now hitting new multiyear highs.

Image source: Intel.

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Source: Fool.com

Intel Corp. Stock

€28.90
0.750%
Intel Corp. gained 0.750% compared to yesterday.
Our community is currently high on Intel Corp. with 22 Buy predictions and 12 Sell predictions.
With a target price of 37 € there is a positive potential of 28.03% for Intel Corp. compared to the current price of 28.9 €.
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