Adage Capital Partners Gp, L.L.C. Adds $12M in Intel Corporation ($INTC)
Key Points
- Adage Capital Partners Gp, L.L.C. changed its Intel Corporation ($INTC) stake by 2.3% last quarter, boosting to 4,163,354 shares worth $518.50 million.
- Wall Street's consensus rating on $INTC is Hold and an average price target of $93.12.
- $INTC last traded around $124.54.
Adage Capital Partners Gp, L.L.C. increased its position in Intel Corporation ($INTC) by 2.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,163,354 shares of Intel Corporation after buying 93,300 shares during the quarter. Adage Capital Partners Gp, L.L.C.'s holdings in Intel Corporation were worth $518.50 million as of its most recent filing.
Intel Corporation ($INTC) Stock
Intel Corporation Earnings
Analysts Set New Price Targets
About Intel Corporation
Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally. It operates through three segments: CCG, DCAI, and Intel Foundry. The company offers client computing group products, including client and commercial CPUs, discrete client GPUs, edge computing, and connectivity products; data center and AI products, such as server CPUs, discrete GPUs, and networking products; and semiconductors comprising wafer fabrication, substrates, and other related products and services. It also provides driving assistance and self-driving solutions; and develops and manufactures multi-beam mask writing tools. The company sells its products through sales organizations, distributors, resellers, retailers, and OEM partners. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. Intel Corporation has a strategic collaboration with Infosys Limited to develop a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable and agent-ready ecosystem. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.