Intc stock price intel’s INTC stock price trends

Intel’s INTC stock price trends parallel rival AMD’s, with sector correlations at 0.82 over 90 days. Traders use this metric to hedge semiconductor exposure during earnings season. Current share price of US$33.55 suggests Intel is potentially 29% undervalued On that note, Intel is currently hosting tech and financial analysts at its new 18A fabs in Arizona this week, and is set to formally introduce its Panther Lake and Clearwater Forest chips on Thursday, Oct. 9. These will be the first internal products made on Intel's new 18A process node, which Intel believes could bring it back to semiconductor technology leadership once again. INTC stock price performance is drawing attention from quantitative funds using high-frequency models to exploit micro price dislocations during market open.