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Intel shares increased by 10 % in expanded trading on Wednesday after the company appointed a former member of the Board of Directors and veteran lipsticks in the Chip industry as a new executive.
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Since the wrapping is sharply in early August last year, the stock has often remained in the range, which may descend from the market bottom.
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Investors should see the decisive public areas on the Intel scheme about $ 22, $ 26 and $ 30, while monitoring the main support level near $ 19.
Intel (IntcThe shares increased in trading on Wednesday after the company His name is a former member of the board of directors and veteran lip warrior in the chips industry as a new executive.
Tan, the former CEO of Chip Software Company (CDNS) The interim will succeed, the participants, David Zixer and Michelle Johnston Holthus, who have participated in this position since the retirement of Pat Gilgringer in December. Tan will assume next Tuesday.
The development follows a report earlier on Wednesday that the semiconductor manufacturer in Taiwan (TSMCome close to Nvidia (Nvda), Small advanced devices (AMD) And Broadcom (AVGOOn the formation of a Joint project To possess and operate the Intel Museum section – a unit that creates chips for third -party customers.
Intel shares have lost more than half of their value over the past 12 months, as it has retracted the company’s inability to obtain a greater share of the profitable artificial intelligence chips market and months of restructuring and Rumors of a deal. The stock jumped by 10 % to 22.84 dollars in the afternoon session on Wednesday after news of the Executive Director’s date.
Below, we dismantle Techniques On the Intel chart and determining the decisive price levels that investors may monitor.
since Go away Less sharply in early August last year, Intel shares often remained RideIt is possible to sculpt the bottom of the market.
Recently, the arrow has organized a short -term gathering closely Mobile average for 200 days (MA) Before restoring the commercial floor in the past seven months.
However, stocks rose up in the regular trading session on Wednesday and appear to determine other gains on Thursday.
Let’s define three decisive public spaces to watch the Intel scheme amid the possibility of a new presence direction Top as well as determining the specialty The level of support It is worth monitoring if the shares may return to the lowest levels of several months.
The first Alawite area to watch is about $ 22. While the stock is currently being opened over this price on Thursday, it is worth searching for whether it is Bulls This level can be kept in near tomorrow, given his proximity to Horizontal This links a set of similar commercial measures on the graph from August last year to March this year.
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