Revenue increased from $11.7b in Q1/23 to $12.7b in Q1/24, resulting in 8.6% year-over-year growth.
Intel is now reporting in two major segments – Intel Foundry and Intel Products.
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The chart pattern shows support at $30.00
The long-term chart suggests investors should accumulate the stock within the $25 – $35 range and look for a multi-year recovery starting in 2025.
